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MLS# 70961995 Condominium $450,000 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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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
School Research Dept. of Education  |  Independent Research
View Map Of Town:Google Maps
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Listing Information
MLS #: 70961995   Status: Active
List Price: $450,000
Type: Co-op   Style: Townhouse
Basement: N   Garage: 1 ( Attached Garage Door Opener Storage )
Liv. Levels: 2   Liv. Area: 1816 sqft.
Rooms: 6 Bedrooms: 2
Full Baths: 2
Half Baths: 0
Master Bath: Y  
Listing Remarks
Come home to this 130 acre hilltop setting and enjoy the ease of living you deserve. The Villages at Great Hill offers a club house, pool, tennis court and some captivating views plus many wonderful new friendships. Your monthly fee includes the real estate taxes and water as well as maintenance. This private unit offers one level of living with a second floor loft. This B unit also has a sunroom for your enjoyment and relaxation.
 
Room Information
  Room Level   Dimensions
  Living Room 1   15X14
  Dining Room 1   12X10
  Kitchen 1   15X14
  Master Bedroom 1   16X15
  Bedroom 2 1   12X11
  SUN 1   11X11
  LOF 2   18X16




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 Susan Whelton 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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