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MLS# 70996868 Single Family Home $939,888 Saugus, 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
Saugus, Massachusetts - 01906
County:Essex County
Population: 25,549
Tax Rate: 8.76 (Tax Year 2008)
Town Profile:Town Profile for Saugus, MA
Web Site:Town Website
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Listing Remarks
A Palace! Custom all brick contemporary hip roof colonial w/most beautiful windows, 2 story foyer. Open floor plan. Sunken family room w/wet bar/marble sink, gas frplc, 4 burner gas stove, kitchen w/seperate eating area w/atrium door to deck/gazebo. Overlooks level manicured grounds. 6 zone heating. FRPLCD master bedroom w/16x13 sitting room. Granite baths.Media RM over garage w/pellet stove. Custom hardwood floor w/mahogany" in-lay" Just unbelievable! A delightful neighborhood and commuter's dr

Listing Information
MLS #: 70996868   Status: Active
List Price: $939,888
Style: Colonial Contemporary   Acres: .48
Lot Size: 20909 sqft.   Liv. Area: 4480 sqft.
 
Basement: Y   Garage: 3
Rooms: 12 Bedrooms: 4
Full Baths: 3
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   14X14 Hard Wood Floor
  Family Room 1   27X16 Fireplace Ceiling Fans Hard Wood Floor
  Dining Room 1   29X14 Hard Wood Floor
  Kitchen 1   32X16 Ceramic Tile Floor Dining Area Balcony/Deck Pantry Granite/Solid Counters
  Master Bedroom 2   18X15 Fireplace Hard Wood Floor
  Bedroom 2 2   16X12 Hard Wood Floor
  Bedroom 3 2   14X14 Hard Wood Floor
  Bedroom 4 2   14X13 Hard Wood Floor
  HMO 1   12X11 Hard Wood Floor
  KIT 1   16X16 Dining Area
  DEN 2   16X13 Ceiling Fans Hard Wood Floor
  MED 2   31X18 Hard Wood Floor
  FOY 1   20X15 Ceramic Tile Floor




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 Julie Tsakirgis from RE/MAX Property Shoppe, Inc..
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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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