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MLS# 70972677 Single Family Home $324,900 Andover, 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
Andover, Massachusetts - 01810  ()
County:Essex County
Population: 29,151
Tax Rate: 11.69 (Tax Year 2008)
Town Profile:Town Profile for Andover, MA
Web Site:Town Website
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Listing Remarks
RICH IN PERSONALITY and a flexible 10 room floor plan. Every room boasts wide pine floors and smooth ceilings. Living room has picturesque fireplace and attractive wood ceiling beams. Dining room offers seasonal views of the river. Step out of the kitchen to a private fenced backyard with big patio. WANT SOME FUN? Walk to park,or public access to river and AVIS trails. Just a few blocks to the commuter train. Sought after South School district. One car garage. BEST BUY IN ANDOVER!!

Listing Information
MLS #: 70972677   Status: Active
List Price: $324,900
Style: Other (See Remarks)   Acres: .21
Lot Size: 9196 sqft.   Liv. Area: 1628 sqft.
 
Basement: Y   Garage: 1
Rooms: 10 Bedrooms: 4
Full Baths: 1
Half Baths: 0
Master Bath:
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   22X14 Fireplace
  Family Room 1   11X14
  Dining Room 1   12X9
  Kitchen 1   10X10
  Master Bedroom 2   12X13
  Bedroom 2 2   14X12 Ceiling Fans
  Bedroom 3 2   11X10
  Bedroom 4 2   7X10
  OFC B   13X11
  PLY B   13X9




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 Heather Holman from Prudential Howe & Doherty.
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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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