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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| Link to this page: |
http://www.HomesForSaleinMA.com/propertydetail.cfm?mls=70982484
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Town Summary
| Beverly, Massachusetts - 01915 () |
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| Listing Remarks |
| Located in Prides Crossing, on 8.12 ac is this home that has essentially been renovated from the ground up with every imaginable luxury: Master BDRM suite with whirlpool, chefs kitchen that flows into a Great Room with a fireplace, mudroom with radiant heat, private office, 4-5 spacious BDRMS & comfortable formal LR & DR. Just moments from the commuter rail, Rte 128, Landmark School, & beaches. Nearby to this property is Essex County Greenbelt's 126 ac conservation area for walking, birding, etc |
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| Listing Information |
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| MLS #: |
70982484 |
|
Status: |
Active
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| List Price: |
$1,299,000 |
| Style: |
Colonial
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|
Acres: |
8.12 |
| Lot Size: |
353560 sqft. |
|
Liv. Area: |
3936 sqft. |
| |
| Basement: |
Y |
|
Garage: |
2 |
| Rooms: |
10 |
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Bedrooms: |
4 |
| Full Baths: |
3 |
| Half Baths: |
1 |
| Master Bath: |
Y |
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| Room Information |
| Room |
Level |
|
Dimensions |
Features |
| Living Room |
1 |
|
14X14 |
Hard Wood Floor
|
| Family Room |
1 |
|
16X20 |
Fireplace
Hard Wood Floor
Balcony/Deck
|
| Dining Room |
1 |
|
12X13 |
Hard Wood Floor
|
| Kitchen |
1 |
|
15X19 |
Hard Wood Floor
Dining Area
Pantry
Granite/Solid Counters
|
| LAUNDRY |
2 |
|
10X9 |
Linen Closet
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| Bath 1 |
1 |
|
4X5 |
Half Bath
Ceramic Tile Floor
Granite/Solid Counters
|
| Bath 2 |
2 |
|
11X13 |
Full Bath
Ceramic Tile Floor
Hot Tub/Spa
Granite/Solid Counters
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| Bath 3 |
2 |
|
8X8 |
Full Bath
Ceramic Tile Floor
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| Master Bedroom |
2 |
|
14X18 |
Full Bath
Walk-in Closet
Wall to Wall Carpet
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| Bedroom 2 |
2 |
|
13X14 |
Skylight
Wall to Wall Carpet
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| Bedroom 3 |
2 |
|
13X15 |
Wall to Wall Carpet
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| Bedroom 4 |
2 |
|
13X31 |
Full Bath
Cathedral Ceils
Walk-in Closet
Wall to Wall Carpet
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| MUD |
1 |
|
6X38 |
Ceramic Tile Floor
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| DEN |
1 |
|
7X13 |
Skylight
Hard Wood Floor
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| OTH |
1 |
|
10X13 |
Hard Wood Floor
Dining Area
Balcony/Deck
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| PLY |
B |
|
20X25 |
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| GRM |
B |
|
11X14 |
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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 Cynthia Farrell from Coldwell Banker Residential Brokerage - Beverly.
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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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