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MLS# 70961542 Single Family Home $197,900 Webster, 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
Webster, Massachusetts - 01570
County:Worcester County
Population: 16,196
Tax Rate: 8.33 (Tax Year 2007)
Town Profile:Town Profile for Webster, MA
Web Site:Town Website
School Research Dept. of Education  |  Independent Research
View Map Of Town:Google Maps
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Listing Remarks
Park Ave - East Main Street Near! Residence or Ideal Business/Professional Location! Corner Lot - 2 Driveways! Expandable Brick Cape! 3 First Floor Bedrooms with Hardwoods! Formal Dining Room with Wall to Wall over Hardwoods! Fireplaced Living Room with Wall to Wall over Hardwoods! 2 Fireplaces! Full Walk-up Second Floor with Plenty of Room for an Expanding Family! Need a Commercial/Business Location Check it Out!

Listing Information
MLS #: 70961542   Status: Active
List Price: $197,900
Style: Cape   Acres: .42
Lot Size: 18422 sqft.   Liv. Area: 1396 sqft.
 
Basement: Y   Garage: 1
Rooms: 7 Bedrooms: 3
Full Baths: 1
Half Baths: 0
Master Bath:
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   13X22 Fireplace Ceiling Fans Hard Wood Floor Wall to Wall Carpet
  Family Room 1   10X15 Wall to Wall Carpet
  Dining Room 1   12X13 Hard Wood Floor Wall to Wall Carpet Bay/Bow Windows
  Kitchen 1   11X13 Wall to Wall Carpet Dining Area
  Bath 1 1   6X9 Full Bath
  Master Bedroom 1   10X15 Hard Wood Floor
  Bedroom 2 1   12X13 Hard Wood Floor
  Bedroom 3 1   10X14 Hard Wood Floor
  Bedroom 4 2   12X13
  FOY 1   5X6 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 Jules Lusignan from Century 21 Lake Realty.
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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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