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MLS# 70966287 Single Family Home $199,900 Leicester, 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
Leicester, Massachusetts - 01542
County:Worcester County
Population: 10,191
Tax Rate: 9.38 (Tax Year 2008)
Town Profile:Town Profile for Leicester, MA
Web Site:Town Website
School Research Dept. of Education  |  Independent Research
View Map Of Town:Google Maps
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Listing Remarks
A BRAND NEW BEAUTIFUL COLONIAL AT AN INCREDIBILY AFFORDABLE PRICE!!! QUICK CLOSING POSSIBLE!!! Quality craftsmanship throughout. The Dining Room includes hardwood flooring & beautiful custom chair rail & moldings. The Master Bedroom has private access to a full bath. This home includes walk-in closets and even a nook area. The large walk-out basement has 10' high ceilings offering additional potential living area. CALL NOW FOR A SHOWING BEFORE IT'S GONE!

Listing Information
MLS #: 70966287   Status: Active
List Price: $199,900
Style: Colonial   Acres: .16
Lot Size: 7035 sqft.   Liv. Area: 1536 sqft.
 
Basement: Y   Garage: 0
Rooms: 6 Bedrooms: 3
Full Baths: 1
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   12X24 Wall to Wall Carpet
  Dining Room 1   12X14 Linen Closet Hard Wood Floor
  Kitchen 1   12X12 Ceramic Tile Floor
  Bath 1 1   5X7 Half Bath Ceramic Tile Floor
  Bath 2 2   10X8 Full Bath Ceramic Tile Floor
  Master Bedroom 2   13X15 Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   12X12 Wall to Wall Carpet
  Bedroom 3 2   12X12 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 Rich Carlson from Rich Carlson Real Estate, 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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