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MLS# 70981284 Condominium $519,000 Newburyport, 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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Newburyport, Massachusetts - 01950
County:Essex County
Population: 16,317
Tax Rate: 10.13 (Tax Year 2008)
Town Profile:Town Profile for Newburyport, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Information
MLS #: 70981284   Status: Active
List Price: $519,000
Type: Condo   Style: Townhouse
Basement: Y   Garage: 1 ( Under )
Liv. Levels: 3   Liv. Area: 3100 sqft.
Rooms: 13 Bedrooms: 3
Full Baths: 2
Half Baths: 1
Master Bath: Y  
Listing Remarks
Newburyport Townhouse for Sale For sale by owners, open concept beautiful 3 bedroom 3 level townhouse 2 miles from downtown Newburyport, MA. This condominium built in 2004 , purchased brand new. Private corner unit, central alarm system, air filtering system, 3 zone heat / central air (forced hot air / gas) with private 10’ x 15’deck with seasonal water views of the Merrimack River, privacy surrounded by woods, and a large single stall garage with automatic door opener.
 
Room Information
  Room Level   Dimensions
  Living Room 1   12X17
  Dining Room 1   12X13
  Kitchen 1   8X16
  Bath 1 1   5X6
  Bath 2 1   5X7
  Bath 3 2   7X5
  Master Bedroom 1   14X16
  Bedroom 2 2   15X12
  Bedroom 3 2   15X12
  LOF 2   24X14




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 Christopher Cyr from Sterling Lion, LLC.
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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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