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MLS# 70974533 Single Family Home $659,000 Manchester, 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
Manchester, Massachusetts - 01944
County:Essex County
Population: 5,286
Tax Rate: 7.53 (Tax Year 2008)
Town Profile:Town Profile for Manchester, MA
Web Site:Town Website
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Listing Remarks
Stunning renovation to this 1974 Mansard set on a cul-de-sac in a lovely, tranquil neighborhood. Exquisite use of color, wood, and design elements have created an oasis that brings the outside into this open floor plan. Good circular flow, well proportioned rooms, light and airy. A jewel waiting for it's new owner. 3 beds plus office area on 2nd floor. Oversized garage w/workspace & loft storage. Professionally landscaped gardens, decks and wrap around porch complete this offering.

Listing Information
MLS #: 70974533   Status: Active
List Price: $659,000
Style: Gambrel /Dutch   Acres: .53
Lot Size: 23086 sqft.   Liv. Area: 2065 sqft.
 
Basement: Y   Garage: 2
Rooms: 8 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   14X20 Ceiling Fans Hard Wood Floor Balcony/Deck
  Dining Room 1   12X14 Hard Wood Floor Balcony/Deck
  Kitchen 1   14X11 Ceramic Tile Floor Bay/Bow Windows
  Bath 1 1   6X9 Full Bath Ceramic Tile Floor
  Bath 2 2   10X6 Full Bath Bay/Bow Windows
  Master Bedroom 2   11X13 Linen Closet Walk-in Closet Hard Wood Floor
  Bedroom 2 2   11X10 Hard Wood Floor
  Bedroom 3 2   9X12 Hard Wood Floor
  DEN 1   15X14 Wood/Coal Stove Ceiling Fans Hard Wood Floor Balcony/Deck
  FOY 1   6X7
  OFC 2   13X11 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 Julie Smith from By The Sea Sotheby's International Realty.
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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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