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Show for Backups - 805 E 16th Street

$165,000

Photo of 805 E. 16th Street, Kearney, MO, 64060.

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Address: 805 E. 16th Street	City/ST: Kearney, MO	Zip Code: 64060
Property Type: Single Family Home	New or Resale: Resale	Bedrooms: 4
Bathrooms: 2 full, 1 half	MLS# 1679983

Adorable and ready for a Buyer! Four bedrooms, finished family room, large storage room, kitchen with island, see thru fireplace and sun room. New roof in June. Caprets were just cleaned. Lots of wood work upgrades in this home and large windows. Plantation shutters in Master bedroom.Come see for yourself this spacious home. Wheel chair assessible.

Plan:	Ranch, Reverse 1.5 Story	Style:	Traditional
Construct:	Frame, Wood Siding	Roof:	Composition
Garage:	2/Front Entry	Bsmnt:	Daylight, Finished, Walk Up
Dining:	Country Kitchen	Lake:

Lot Desc:	City Lot, Level	Utility:	Lower Level
Elem:	Hawthorn	Middle:
Senior:	Kearney	District:	Kearney
Fireplace:	1/Gas Starter, Great Room
Oth Rms:	Great Room, Main Floor BR, Main Floor Master, Sun Room

Last Updated: 7/5/2010 12:10:02 PM

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Financing Your Home >Owner Financing

If you are selling a house in which you have a lot of equity, and you don't need that equity to buy a new home, an owner-financing agreement may benefit you and your buyers.

Seller financing arrangements usually involve the buyers securing the largest portion of their purchase money from a mortgage company and getting a smaller second loan from the sellers. For example, they may finance 75% from a lender, put in 15% from savings, and ask the sellers to finance the remaining amount. The terms and interest rates on seller carry-backs are negotiated on a case-by-case basis.

Sellers may be able to negotiate a note that provides a better return on their money than 1-to-5 year CD's or treasury notes. They should ensure that the note protects them to the fullest. Use common sense when considering such a loan, and verify the buyers' income, credit history, and job stability before making your final decision.

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Q	What information does nearly every state in America require the seller of a home to reveal to the buyer?
A	Most states require disclosure of any existing problems or conditions that could affect the value of the house.
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The Clemons Home Team, REALTOR�, real estate agent and broker for Kansas City, Blue Springs, Lee's Summit, Liberty, Kearney, Independence and Platte City, Missouri home listings, property and land for sale - NUMBER1EXPERT

Linda Clemons
Reece & Nichols
9601 NE Barry Road
Kansas City, MO 64158
816-407-5223
Fax: 816-781-4639
iclemons@reeceandnichols.com
The Clemons Home Team is your leading source for all of your greater Kansas City, Kearney, Blue Springs, Independence, Lee's Summit, Platte City and Liberty real estate needs. Whether you are Buying or Selling a home, We know that it is one of the biggest events in your life and we are here to help you through the process.

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