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MLS# 70983400 Single Family Home $499,000 Leicester, 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
Leicester, Massachusetts - 01524
County:Worcester County
Population: 10,191
Tax Rate: 9.38 (Tax Year 2008)
Town Profile:Town Profile for Leicester, MA
Web Site:Town Website
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Listing Remarks
This private 10 acre parcel is surrounded by watershed property. The custom home has a master bedroom suite on the first floor. The open floor plan has a front to rear living room and large eat-in kitchen. The second floor has 4 large bedrooms and a walk-up to the attic.The lower level is a finished walkout with a fieldstone fireplace and could easily be used as an inlaw. The attached 2 car garage has a finished loft. The home can be heated by a Central outdoor wood boiler.

Listing Information
MLS #: 70983400   Status: Active
List Price: $499,000
Style: Colonial   Acres: 10.49
Lot Size: 456944 sqft.   Liv. Area: 2750 sqft.
 
Basement: Y   Garage: 2
Rooms: 11 Bedrooms: 5
Full Baths: 3
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   13X26 Wood/Coal Stove Hard Wood Floor
  Family Room B   24X20 Full Bath Fireplace Ceramic Tile Floor Wall to Wall Carpet
  Dining Room 1   13X13 Hard Wood Floor
  Kitchen 1   13X24 Hard Wood Floor Dining Area Granite/Solid Counters
  Master Bedroom 1   16X14 Full Bath Linen Closet Walk-in Closet Wall to Wall Carpet Balcony/Deck Hot Tub/Spa
  Bedroom 2 2   13X13 Wall to Wall Carpet
  Bedroom 3 2   13X12 Wall to Wall Carpet
  Bedroom 4 2   12X14 Wall to Wall Carpet
  Bedroom 5 2   14X12 Wall to Wall Carpet
  OFC 1   12X8 Hard Wood Floor
  PLY 2   12X24 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 Mary Mattei from Mattei Realty.
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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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