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MLS# 70972469 Single Family Home $639,000 Boxford, 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
Boxford, Massachusetts - 01921
County:Essex County
Population: 6,266
Tax Rate: 10.95 (Tax Year 2008)
Town Profile:Town Profile for Boxford, MA
Web Site:Town Website
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Listing Remarks
Boxford Olde Farms loc for well maintained & beautifully updtd 4BD, 2.5BA COL w/priv boardwalk to Cedar Pond. Enjoy the benefits of direct water frontage including dock, fishing & canoeing. Stainless appl'd KIT w/Corian countertps opens to FR w/wdstove. Custom quality baths. Sunrm w/skylights & sliders to multi lvl deck & fenced priv yd. Spac DR w/crown molding & chair rail. Front to back LR w/ high eff Vermont-style gas stove. Fr doors & HW flrs thruout 1st flr. New price & motivated seller!

Listing Information
MLS #: 70972469   Status: Active
List Price: $639,000
Style: Colonial   Acres: 2.28
Lot Size: 99317 sqft.   Liv. Area: 2364 sqft.
 
Basement: Y   Garage: 2
Rooms: 9 Bedrooms: 4
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   25X14 Hard Wood Floor
  Family Room 1   16X14 Wood/Coal Stove Hard Wood Floor
  Dining Room 1   20X13 Hard Wood Floor
  Kitchen 1   17X13 Hard Wood Floor Ceramic Tile Floor Granite/Solid Counters
  Master Bedroom 2   16X14 Full Bath Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   15X14 Wall to Wall Carpet
  Bedroom 3 2   13X9 Wall to Wall Carpet
  Bedroom 4 2   14X14 Walk-in Closet Wall to Wall Carpet
  SUN 1   14X8 Skylight Ceiling Fans 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 Mary Rossi from Coldwell Banker Residential Brokerage - Topsfield.
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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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