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MLS# 70975796 Single Family Home $347,900 Billerica, 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
Billerica, Massachusetts - 01821
County:Middlesex County
Population: 37,609
Tax Rate: 11.02 (Tax Year 2008)
Town Profile:Town Profile for Billerica, MA
Web Site:Town Website
School Research Dept. of Education  |  Independent Research
View Map Of Town:Google Maps
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Listing Remarks
A must see! Younger Colonial home in nice neighborhood setting, Dutile School district! Freshly painted, move-in cond. Features include a very functional floor plan, sliders leading to a large deck overlooking beautiful wooded private lot and 3 good size bdrms with large master and double closets. Quiet street yet convenient access to route 4, route 3, route 128 and route 495. Pride of ownership shows! Bright, cheery, sun filled, south facing home. Quick closing possible. Don't miss this one!

Listing Information
MLS #: 70975796   Status: Active
List Price: $347,900
Style: Colonial   Acres: .78
Lot Size: 34145 sqft.   Liv. Area: 1632 sqft.
 
Basement: Y   Garage: 0
Rooms: 6 Bedrooms: 3
Full Baths: 1
Half Baths: 1
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   23X16 Wall to Wall Carpet
  Dining Room 1   13X11 Wall to Wall Carpet
  Kitchen 1   12X11
  Master Bedroom 2   20X13 Wall to Wall Carpet
  Bedroom 2 2   16X11 Wall to Wall Carpet
  Bedroom 3 2   12X11 Wall to Wall Carpet




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 Mark Bettinson from Exit Premier Real Estate.
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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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