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MLS# 70985185 Condominium $389,900 Ipswich, 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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Ipswich, Massachusetts - 01938
County:Essex County
Population: 11,873
Tax Rate: 9.35 (Tax Year 2005)
Town Profile:Town Profile for Ipswich, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Information
MLS #: 70985185   Status: Active
List Price: $389,900
Type: Condo   Style: Townhouse
Basement: Y   Garage: 1 ( Detached Storage )
Liv. Levels: 2   Liv. Area: 1705 sqft.
Rooms: 6 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: Y  
Listing Remarks
Enjoy living in this completely remodeled 2 level 1700+sf condo w/ LG master suite plus 2 more LG bedrooms & 2 full baths. Garage + 2 deeded off-street spaces. Fabulous .43 acre lot in the heart of Historic Ipswich w/ private wooded area. Walking distance to town and train. Cherry/Stainless/Granite Kitchen, hdwd flrs & gorgeous detail throughout. Open concept w/ River Views - LG deck off living area ideal for entertaining! Great schools, low taxes...a wonderful community North of Boston!
 
Room Information
  Room Level   Dimensions
  Living Room 1   15X12
  Dining Room 1   17X11
  Kitchen 1   18X11
  Master Bedroom 1   17X13
  Bedroom 2 2   16X15
  Bedroom 3 2   15X12




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 Andrea Lacroix from Windhill Realty, 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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