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MLS# 70961287 Single Family Home $799,000 Andover, 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
Andover, Massachusetts - 01810
County:Essex County
Population: 29,151
Tax Rate: 11.69 (Tax Year 2008)
Town Profile:Town Profile for Andover, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
Looking for living space? Privacy? Cul-de-sac? Look no further! Sprawling Col boasts kitchen open to fireplaced FR, huge GR w/wet bar & built-in wall unit,& breathtaking 4-seas sunroom w/panoramic views of priv yard, deck & hot tub. 1st fl also has generous formal LR,DR & home office. Fin LL au-pair w/add'l 2BRs, add'l full bath,media rm & home gym. Brand new roof, newer water tank, custom-built shed, attached heated garage, 7 heat/3 AC zones, cedar closet, lots of HW floors, irrig & security

Listing Information
MLS #: 70961287   Status: Active
List Price: $799,000
Style: Colonial   Acres: .74
Lot Size: 32365 sqft.   Liv. Area: 3592 sqft.
 
Basement: Y   Garage: 2
Rooms: 16 Bedrooms: 6
Full Baths: 3
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   20X15 Hard Wood Floor
  Family Room 1   17X14 Fireplace Cathedral Ceils Ceiling Fans Hard Wood Floor Hot Tub/Spa
  Dining Room 1   15X14 Hard Wood Floor Bay/Bow Windows Dining Area
  Kitchen 1   20X13 Ceramic Tile Floor Bay/Bow Windows Dining Area Pantry
  Bath 1 1   8X5 Half Bath Ceramic Tile Floor
  Bath 2 2   8X8 Full Bath Linen Closet Ceramic Tile Floor
  Bath 3 2   8X8 Full Bath Linen Closet Ceramic Tile Floor
  Master Bedroom 2   18X15 Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   14X11 Wall to Wall Carpet
  Bedroom 3 2   13X11 Wall to Wall Carpet
  Bedroom 4 2   10X8 Wall to Wall Carpet
  Bedroom 5 B   15X15 Wall to Wall Carpet
  BED B   14X15 Wall to Wall Carpet
  GRT 1   27X25 Skylight Cathedral Ceils Ceiling Fans
  OFC B   11X11 Hard Wood Floor
  PLY B   19X13 Cedar Closet Wall to Wall Carpet
  EXC B   23X17
  SUN 1   24X18 Wood/Coal Stove Skylight Cathedral Ceils Hard Wood Floor Dining Area Balcony/Deck




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 Ellen Munick from Prudential Howe & Doherty.
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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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