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MLS# 70966482 Single Family Home $375,000 Lunenburg, 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
Lunenburg, Massachusetts - 01462
County:Worcester County
Population: 9,117
Tax Rate: 12.23 (Tax Year 2008)
Town Profile:Town Profile for Lunenburg, MA
Web Site:Town Website
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Listing Remarks
This charming 3 bedroom home is waiting for you to move right in. All new appliances and gorgeous wood floors. Basement is unfinished but has a fireplace and would make a great family room. This property could also make a great equestrian property with approx 2 acres of land. Stables and other horse properties are on the same street along with lots of trails in the area. You have to see it for yourself and we hope you will at one of our open houses.

Listing Information
MLS #: 70966482   Status: Active
List Price: $375,000
Style: Cape   Acres: 1.96
Lot Size: 85378 sqft.   Liv. Area: 2848 sqft.
 
Basement: Y   Garage: 2
Rooms: 8 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   23X16 Fireplace Hard Wood Floor
  Dining Room 1   21X18 Hard Wood Floor
  Kitchen 1   21X18 Hard Wood Floor
  LAUNDRY 1   7X6 Ceramic Tile Floor
  Bath 1 1   8X9 Full Bath Ceramic Tile Floor
  Bath 2 2   8X10 Full Bath Ceramic Tile Floor
  Master Bedroom 2   20X19 Wall to Wall Carpet
  Bedroom 2 1   12X12 Hard Wood Floor
  Bedroom 3 1   13X10 Wall to Wall Carpet
  SIT 2   19X10 Wall to Wall Carpet
  MUD 1   12X9 Ceramic Tile Floor




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 Virginia McNiff from Mcniff Real Estate.
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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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