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MLS# 70968109 Single Family Home $419,900 Chelmsford, 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
Chelmsford, Massachusetts - 01824
County:Middlesex County
Population: 32,383
Tax Rate: 13.5 (Tax Year 2008)
Town Profile:Town Profile for Chelmsford, MA
Web Site:Town Website
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Listing Remarks
Paddle your canoe right in front of this property on the inlet to Freeman Pond. This home features a 21x25 Family Room w/cath ceilings, gas frpl w/built ins & floor to ceiling windows overlooking the backyard. The French doors open up to a patio from the Family Room & slider in Living Room opens to a 2 story deck w/an above ground pool w/new liner and motor. Enjoy the double sided fire place from the kitchen,dining rm/sitting room. Finished LL, 2 car gar w/storage. Enjoy fishing and nature.

Listing Information
MLS #: 70968109   Status: Price Change
List Price: $419,900
Style: Colonial   Acres: 1.90
Lot Size: 82764 sqft.   Liv. Area: 2140 sqft.
 
Basement: Y   Garage: 2
Rooms: 7 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   13X22 Hard Wood Floor Balcony/Deck
  Family Room 1   21X25 Fireplace Cathedral Ceils Ceiling Fans Wall to Wall Carpet
  Dining Room 1   12X14 Fireplace Ceramic Tile Floor
  Kitchen 1   11X14 Ceramic Tile Floor
  LAUNDRY B   15X21
  Bath 1 1   7X8 Full Bath Ceramic Tile Floor
  Bath 2 2   7X8 Full Bath Ceramic Tile Floor
  Master Bedroom 2   13X20 Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   13X20 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 Karla Miller from Coldwell Banker Residential Brokerage - Chelmsford.
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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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