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=70994016
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Town Summary
| Topsfield, Massachusetts - 01983 |
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| Listing Remarks |
| Remarkable newly constructed home ready for move in. Located in Topsfield's newest neighborhood. This property was the home for an upcoming Hollywood movie. Showcase arts and crafts style features including windows, doors, stonework and custom finish details & moldings. This functional floor plan blends in with the demands of today's families with large open spaces, high tech wiring, stone fireplace, owners retreat, 10x27 foyer, family media room and kids playroom. First floor in-law option. |
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| Listing Information |
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| MLS #: |
70994016 |
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Status: |
Active
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| List Price: |
$1,775,000 |
| Style: |
Colonial
Other (See Remarks)
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|
Acres: |
1.06 |
| Lot Size: |
46183 sqft. |
|
Liv. Area: |
6000 sqft. |
| |
| Basement: |
Y |
|
Garage: |
3 |
| Rooms: |
12 |
|
Bedrooms: |
4 |
| Full Baths: |
4 |
| Half Baths: |
2 |
| Master Bath: |
Y |
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| |
| Room Information |
| Room |
Level |
|
Dimensions |
Features |
| Living Room |
1 |
|
20X13 |
Hard Wood Floor
|
| Family Room |
1 |
|
18X19 |
Fireplace
Hard Wood Floor
|
| Dining Room |
1 |
|
15X12 |
Hard Wood Floor
Wet bar
Wood Floor
|
| Kitchen |
1 |
|
28X21 |
Hard Wood Floor
Pantry
Granite/Solid Counters
|
| LAUNDRY |
2 |
|
8X8 |
Ceramic Tile Floor
Custom Built Closet / Cabinets
|
| Bath 1 |
1 |
|
5X4 |
Half Bath
Granite/Solid Counters
|
| Bath 2 |
1 |
|
6X7 |
Half Bath
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| Bath 3 |
2 |
|
14X13 |
Full Bath
Ceramic Tile Floor
Granite/Solid Counters
Jacuzzi / Whirlpool Soaking Tub
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| Master Bedroom |
2 |
|
20X19 |
Full Bath
Cathedral Ceils
Ceiling Fans
Linen Closet
Walk-in Closet
Wall to Wall Carpet
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| Bedroom 2 |
2 |
|
15X14 |
Full Bath
Wall to Wall Carpet
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| Bedroom 3 |
2 |
|
15X12 |
Full Bath
Walk-in Closet
Wall to Wall Carpet
|
| Bedroom 4 |
2 |
|
16X11 |
Full Bath
Wall to Wall Carpet
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| BTH |
2 |
|
7X6 |
Full Bath
Ceramic Tile Floor
Granite/Solid Counters
|
| BTH |
2 |
|
14X11 |
Full Bath
Ceramic Tile Floor
Granite/Solid Counters
|
| BTH |
B |
|
9X7 |
Full Bath
Ceramic Tile Floor
Granite/Solid Counters
|
| OFC |
1 |
|
20X12 |
Hard Wood Floor
Custom Built Closet / Cabinets
|
| PLY |
2 |
|
26X19 |
Wall to Wall Carpet
Custom Built Closet / Cabinets
|
| MED |
B |
|
24X29 |
Full Bath
Fireplace
Wall to Wall Carpet
Closet
Custom Built Closet / Cabinets
Picture Window
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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 Karen Evans from Keller Williams Realty.
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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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