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MLS# 70948973 Single Family Home $624,900 Georgetown, Massachusetts  

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Foreclosures

The problems in the sub prime lending area have led to a high amount of foreclosures. If a house has been through the foreclosure process then the lending bank takes ownership of the property. When looking to buy a foreclosure the process can take a little longer than purchasing a typical property. This is because banks are not set up to sell properties and they can be slow. In addition when purchasing a foreclosure the banks typically want you to sign various legal documents to protect them from liablity if there is something wrong with the house. Like buying any property you should have a home inspection and be wary of any problems. If you do your homework buying a foreclosure can be a great investment.

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Town Summary
Georgetown, Massachusetts - 01833
County:Essex County
Population: 6,384
Tax Rate: 9.3 (Tax Year 2008)
Town Profile:Town Profile for Georgetown, MA
Web Site:Town Website
School Research Dept. of Education  |  Independent Research
View Map Of Town:Google Maps
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Listing Remarks
You will love coming home to this beautiful, open concept cape plan accented with cathedral ceilings, wooden pillars, second floor balcony. Potential for fourth bedroom or used currently as attic space. First floor master suite is adjacent to office/nursery. A covered front porch and covered back deck area are welcoming additions. Lower Level: Heated 18 X 12 room is sound proofed and is also rough plumbed for 3/4 bath. A private 3 acre lot completes this country living palette.

Listing Information
MLS #: 70948973   Status: Active
List Price: $624,900
Style: Cape   Acres: 3.16
Lot Size: 137908 sqft.   Liv. Area: 3635 sqft.
 
Basement: Y   Garage: 2
Rooms: 8 Bedrooms: 3
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Family Room 1   19X18 Wall to Wall Carpet
  Dining Room 1   16X12 Wall to Wall Carpet
  Kitchen 1   16X21 Ceramic Tile Floor
  Bath 1 1   11X11 Ceramic Tile Floor
  Master Bedroom 1   17X18 Wall to Wall Carpet
  Bedroom 2 2   12X16 Wall to Wall Carpet
  Bedroom 3 2   12X16
  OFC 1   9X12 Wall to Wall Carpet
  PLY B   18X12 Wall to Wall Carpet




The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content © 2005 MLS Property Information Network, Inc.
This listing is courtesy of Karen Neve from RE/MAX Village Properties.
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Mortgage Pre Approval and Your Credit

The first step when looking for a home is to get pre-approved for a mortgage. The seller of a property wants to know that you are approved for a mortgage and that you can indeed afford the property. There are various mortgage programs available to you. Your credit score or FICO score will greatly affect the type of home loan you are able to receive. If you have bad credit you will pay a higher rate. There are ways to improve your credit score that you should consider as this can save you thousands of dollars in interest over the course of a loan. There are also ways to repair bad credit and small things you can do to improve your credit score in a short time. As many Americans have discovered a Fixed rate mortgage is much easier to manage than an Ajustable Rate Mortgage.

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