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MLS# 70985177 Single Family Home $629,000 Hamilton, 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
Hamilton, Massachusetts - 01982
County:Essex County
Population: 7,280
Tax Rate: 13.39 (Tax Year 2008)
Town Profile:Town Profile for Hamilton, MA
Web Site:Town Website
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Listing Remarks
Waterfront!Private Beach!Beautiful immaculate home on picturesque Chebacco Lake!Newly renovated w/ new Master br suite walk-in closet and fantastic Master bath w/whirlpool tub overlooking lake and a separate curved glass shower!Outstanding year round views.Well supplied irrigation system and water softening and filtration through reverse osmosis syst.Huge rear deck overlooking professionally landscaped grounds leading to dock for your boat,swim or ice skate during the winter!Prof Landscaped!

Listing Information
MLS #: 70985177   Status: Active
List Price: $629,000
Style: Contemporary   Acres: .39
Lot Size: 16988 sqft.   Liv. Area: 2038 sqft.
 
Basement: Y   Garage: 0
Rooms: 6 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   22X22 Wall to Wall Carpet
  Kitchen 1   15X7 Skylight Cathedral Ceils Ceramic Tile Floor
  Master Bedroom 2   25X15 Walk-in Closet Hard Wood Floor Balcony/Deck
  Bedroom 2 1   18X11 Full Bath Wall to Wall Carpet
  Bedroom 3 1   12X11 Full Bath 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 Joseph Militello from RE/MAX Advantage 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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