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MLS# 70962177 Single Family Home $289,900 Salisbury, 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
Salisbury, Massachusetts - 01952
County:Essex County
Population: 6,882
Tax Rate: 8.46 (Tax Year 2008)
Town Profile:Town Profile for Salisbury, MA
Web Site:Town Website
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Listing Remarks
You could be home for the Holidays.Relax on spacious deck overlooking lush natural surroundings that abut woodlands. Open floor plan from kitchen with breakfast bar to dining area. Generous size master bedroom. Large family room, walk out to level back yard. Close to Rte. 1 and Rte. 110, Rte. 95 & Rte. 495 but away from the summer traffic. Rail Trail and Lions Park just a short walk away.

Listing Information
MLS #: 70962177   Status: Active
List Price: $289,900
Style: Split Entry   Acres: .46
Lot Size: 20037 sqft.   Liv. Area: 1936 sqft.
 
Basement: Y   Garage: 0
Rooms: 10 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   12X14 Wall to Wall Carpet
  Family Room B   23X11 Wall to Wall Carpet
  Dining Room 1   12X9 Wall to Wall Carpet Bay/Bow Windows Balcony/Deck
  Kitchen 1   11X12 Hard Wood Floor
  LAUNDRY B   8X10 Wall to Wall Carpet
  Bath 1 1   6X11 Full Bath
  Bath 2 B   6X7
  Master Bedroom 1   25X13 Wall to Wall Carpet
  Bedroom 2 1   10X10 Wall to Wall Carpet
  Bedroom 3 B   11X16 Wall to Wall Carpet
  WRK B   9X12
  OFC B   11X12 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 Frank Bertolino from RE/MAX Country Crossroads Realty Assoc..
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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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