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MLS# 70995517 Single Family Home $269,000 Billerica, 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
Billerica, Massachusetts - 01862
County:Middlesex County
Population: 37,609
Tax Rate: 11.02 (Tax Year 2008)
Town Profile:Town Profile for Billerica, MA
Web Site:Town Website
School Research Dept. of Education  |  Independent Research
View Map Of Town:Google Maps
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Listing Remarks
Come to see this elegant Colonial featuring beautiful natural casing woodwork, open concept updated kitchen with New kitchen cabinets, New Roof in 2006, New Water Heater, New Circuit Breakers. This home features a fenced yard with patio and low maintenance trek decking. Convenient to all major highways. Within Walking distance to the park, and commuter rail!

Listing Information
MLS #: 70995517   Status: Active
List Price: $269,000
Style: Colonial   Acres: .12
Lot Size: 5025 sqft.   Liv. Area: 1143 sqft.
 
Basement: Y   Garage: 0
Rooms: 6 Bedrooms: 3
Full Baths: 1
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   12X11 Ceiling Fans Hard Wood Floor
  Dining Room 1   12X12 Hard Wood Floor
  Kitchen 1   20X10 Ceiling Fans Ceramic Tile Floor Dining Area
  Master Bedroom 2   12X11 Ceiling Fans Wall to Wall Carpet
  Bedroom 2 2   12X11 Ceiling Fans Wall to Wall Carpet
  Bedroom 3 2   11X9 Ceiling Fans 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 Rene Richardson from Team 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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