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MLS# 70998725 Single Family Home $449,900 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 - 01821
County:Middlesex County
Population: 37,609
Tax Rate: 11.02 (Tax Year 2008)
Town Profile:Town Profile for Billerica, MA
Web Site:Town Website
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Listing Remarks
Extrordinary split entry with huge master suite with designer bath including separate tile shower and Jacuzzi whirlpool tub. Recent kitchen improvements including Corian counters. Large cathedral ceiling great room addition with gas fireplace stove, lower level large familyroom with gas fireplace, lower level au-pair suite with handicapped accessibility. Inground sprinkler system and a large 2 car garage and an in-ground pool round off the luxuries in this immaculate modern home.

Listing Information
MLS #: 70998725   Status: Active
List Price: $449,900
Style: Split Entry   Acres: .36
Lot Size: 15464 sqft.   Liv. Area: 2728 sqft.
 
Basement: Y   Garage: 2
Rooms: 8 Bedrooms: 3
Full Baths: 3
Half Baths: 0
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   14X20 Cathedral Ceils Wall to Wall Carpet Balcony/Deck Main Level
  Family Room B   15X20 Fireplace Custom Built Closet / Cabinets
  Dining Room 1   14X15 Hard Wood Floor Bay/Bow Windows Main Level
  Kitchen 1   11X19 Ceramic Tile Floor Dining Area Granite/Solid Counters Custom Built Closet / Cabinets
  Master Bedroom 1   24X22 Full Bath Wall to Wall Carpet Hot Tub/Spa Closet
  Bedroom 2 1   12X12 Wall to Wall Carpet Main Level
  Bedroom 3 1   9X12 Wall to Wall Carpet Main Level
  Bedroom 4 B   12X20 Full Bath Wall to Wall Carpet Custom Built Closet / Cabinets Handicap Accessible Handicap Equipped




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 Clifford Critch from ERA Morrison 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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