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
| Worcester, Massachusetts - 01604 |
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| Listing Remarks |
| Large 3 BEDROOM apartment on 3rd floor in Grafton Hill area, available immediately. Many updates including new washer, new hot water heater and recently RENOVATED eat-in KITCHEN. All bedrooms have been updated with new paint. All appliances included in unit – washer, dryer, fridge, and dishwasher. Good commuter location, easy access to 290, 90, 9 & 20. Close to UMass Medical. No pets. First month & security needed. Call listing agent for showing. Showings begin 6/8. |
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| Listing Information |
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| Address: |
129 Ingleside Ave. - Unit 3
Worcester, MA 01604 |
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| MLS #: |
70929476 |
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| Rental Price: |
$925/Month |
| Liv. Area: |
1200 sq. ft. |
| Unit Level |
3 |
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| Rooms: |
6 |
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Bedrooms: |
3 |
| Full Baths: |
1 |
| Half Baths: |
0 |
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Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Area Amenities: Public Transportation, Shopping, Park, Medical Facility
Exterior Features: Enclosed Porch
Rent Fee Includes: Water, Sewerage Disposal, Refuse Removal, Snow Removal, Grounds Maintenance
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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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