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MLS# 70971440 Condominium $475,000 Georgetown, 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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Georgetown, Massachusetts - 01833
County:Essex County
Population: 6,384
Tax Rate: 9.3 (Tax Year 2008)
Town Profile:Town Profile for Georgetown, MA
Web Site:Town Website
School Research Dept. of Education  |  Independent Research
View Map Of Town:Google Maps
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Listing Information
MLS #: 70971440   Status: Active
List Price: $475,000
Type: Condo   Style: Townhouse
Basement: Y   Garage: 2 ( Attached Garage Door Opener )
Liv. Levels: 2   Liv. Area: 2324 sqft.
Rooms: 7 Bedrooms: 2
Full Baths: 3
Half Baths: 0
Master Bath: Y  
Listing Remarks
Come home to Parker River Landing a premiere adult community! This lovely 7 room, 2 bedroom 3 full bath home boasts a open and bright floor plan, loads of hardwood, custom kitchen with granite counter tops, great room with vaulted ceiling and gas fireplace, spacious first floor master bedroom, 3 season porch, 2nd floor office and loft area and so much more. Ideally situated 1 mile to town and convenient to all major routes. Move right in and enjoy!
 
Room Information
  Room Level   Dimensions
  Living Room 1   16X17
  Dining Room 1   10X13
  Kitchen 1   12X15
  Master Bedroom 1   15X16
  Bedroom 2 1   11X12
  LOF 2   12X17
  DEN 2   12X18
  SUN 1   10X16




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 Susan Stead from Coldwell Banker Residential Brokerage - Georgetown.
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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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