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MLS# 70969151 Single Family Home $779,000 Ipswich, 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
Ipswich, Massachusetts - 01938  ()
County:Essex County
Population: 11,873
Tax Rate: 9.35 (Tax Year 2005)
Town Profile:Town Profile for Ipswich, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
Beautiful custom built home in small neighborhood association. Low maintenance with perks of living in a country setting. Bright, open floor plan, great for entertaining the whole family. Spacious granite/cherry/stainless kitchen with island, dining area & deck overlooking yard. Large master bdrm with Jacuzzi tub,dressing area and walk-in closet. 3 add'l bedrooms upstairs. Extra 814sf lower level family room make this an exceptional value. Bring your kayak to nearby Hood Pond. Close to rtes 95/1

Listing Information
MLS #: 70969151   Status: Active
List Price: $779,000
Style: Colonial   Acres: .22
Lot Size: 9583 sqft.   Liv. Area: 3738 sqft.
 
Basement: Y   Garage: 2
Rooms: 8 Bedrooms: 4
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   13X20 Fireplace Hard Wood Floor
  Family Room B   25X30 Wall to Wall Carpet Balcony/Deck
  Dining Room 1   15X15 Hard Wood Floor Bay/Bow Windows
  Kitchen 1   15X27 Hard Wood Floor Dining Area Balcony/Deck Pantry Granite/Solid Counters
  Bath 1 2   10X15 Full Bath Walk-in Closet Ceramic Tile Floor
  Bath 2 2   12X8 Full Bath Linen Closet Ceramic Tile Floor
  Bath 3 1   6X5 Half Bath Linen Closet Ceramic Tile Floor
  Master Bedroom 2   23X21 Full Bath Ceiling Fans Walk-in Closet Hard Wood Floor
  Bedroom 2 2   12X15 Hard Wood Floor
  Bedroom 3 2   12X15 Hard Wood Floor
  Bedroom 4 2   14X15 Hard Wood Floor
  MUD 1   8X9 Half Bath Ceramic Tile Floor
  FOY 1   16X7 Linen Closet Hard Wood 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 LynnAnne Hagar from Coldwell Banker Residential Brokerage - Beverly.
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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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