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MLS# 70953108 Single Family Home $524,900 Rowley, 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
Rowley, Massachusetts - 01969
County:Essex County
Population: 4,452
Tax Rate: 10.38 (Tax Year 2008)
Town Profile:Town Profile for Rowley, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
This spacious 4 bdrm home boasts a 37 ft. Greatroom w/central granite fireplace, cathedral ceiling and a back wall of windows & skylights overlooking your own private stream and small pond. It also has a 1 bdrm In-law suite on the lower level w/sliders to the covered patio. The oversized tri-level barn, w/full electric, could be converted to a second dwelling and/or subdivided from the lot of nearly 4 acres. Special property features: 2 gazebos, 2 footbridges, potting shed & more!

Listing Information
MLS #: 70953108   Status: Active
List Price: $524,900
Style: Front to Back Split   Acres: 3.86
Lot Size: 168464 sqft.   Liv. Area: 2400 sqft.
 
Basement: Y   Garage: 4
Rooms: 10 Bedrooms: 4
Full Baths: 3
Half Baths: 0
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   23X24 Fireplace Cathedral Ceils
  Family Room B   14X21 Fireplace
  Dining Room 1   11X22 Cathedral Ceils
  Kitchen 1   9X16 Dining Area
  LAUNDRY 1   9X9
  Master Bedroom 2   12X19
  Bedroom 2 2   13X15 Wall to Wall Carpet
  Bedroom 3 2   13X16 Wall to Wall Carpet
  Bedroom 4 B   12X13
  OTH B   14X20 Hot Tub/Spa




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 Christine Masiello from Vernon A. Martin, Inc..
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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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