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MLS# 70955184 Single Family Home $374,000 Topsfield, 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
Topsfield, Massachusetts - 01983
County:Essex County
Population: 5,754
Tax Rate: 12.02 (Tax Year 2008)
Town Profile:Town Profile for Topsfield, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
Tucked away on a quiet cul-de-sac within close proximity to downtown, this affordable home will move you. Recently updated features such as newer furnace, hot water heater, appliances, carpet and invisible pet fence are already done. There is also a recently added 3rd bedroom and loft. Enjoy your privacy surrounded by stately trees and the beautiful yard from your screened porch. It’s a wonderful value and ready for you to move right in – come see for yourself. Welcome home to Topsfield!

Listing Information
MLS #: 70955184   Status: Active
List Price: $374,000
Style: Multi-Level   Acres: .80
Lot Size: 34936 sqft.   Liv. Area: 1816 sqft.
 
Basement: Y   Garage: 1
Rooms: 6 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   18X12 Fireplace Hard Wood Floor
  Family Room B   20X11 Ceramic Tile Floor
  Kitchen 1   18X11 Ceramic Tile Floor Dining Area
  Bath 1 2   8X7 Ceramic Tile Floor
  Bath 2 2   8X7 Ceramic Tile Floor
  Master Bedroom 2   13X10 Full Bath Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   10X9 Hard Wood Floor
  Bedroom 3 3   16X15 Wall to Wall Carpet
  LOF 3   23X9 Wall to Wall Carpet
  SIT 2   8X7 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 Linda Magnifico 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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