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MLS# 70979104 Single Family Home $199,900 Webster, 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
Webster, Massachusetts - 01570
County:Worcester County
Population: 16,196
Tax Rate: 8.33 (Tax Year 2007)
Town Profile:Town Profile for Webster, MA
Web Site:Town Website
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Listing Remarks
WEBSTER LAKE Across From! Lake Views at a Fraction of the Cost! Basically Brand New! Completely Renovated Inside & Out! 5 Rm Colonial! Fully Applianced Eat-in Kitchen w/Tile Floor! Front to Back Living Rm w/Wood Laminate Floor & Slider to Deck! 2 Bedrooms w/Wall to Wall Carpet & Double Closets! 1.5 Brand New Bathrooms w/Tile Floors! New Windows, Doors, Siding, Roof, Floor & Wall Surfaces! Complete New Heating & Electrical Systems! Full Walk-out Lower Level! The Work's been Done - Just Move In!!!

Listing Information
MLS #: 70979104   Status: Active
List Price: $199,900
Style: Colonial   Acres: .11
Lot Size: 5000 sqft.   Liv. Area: 1350 sqft.
 
Basement: Y   Garage: 0
Rooms: 5 Bedrooms: 2
Full Baths: 1
Half Baths: 1
Master Bath:
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   10X23 Hard Wood Floor Balcony/Deck
  Kitchen 1   10X20 Ceramic Tile Floor Dining Area
  Bath 1 1   4X5 Half Bath Ceramic Tile Floor
  Bath 2 2   5X10 Full Bath Linen Closet Ceramic Tile Floor
  Master Bedroom 2   12X12 Wall to Wall Carpet
  Bedroom 2 2   11X12 Wall to Wall Carpet
  SIT 2   10X18 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 Jules Lusignan from Century 21 Lake 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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