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Exclusive Listing - Fabulous Home!

$340,000

Photo of 704 SW Winsterstar Drive, Lees Summit, MO, 64081.

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Address: 704 SW Winsterstar Drive	City/ST: Lees Summit, MO	Zip Code: 64081
Location: Winterset Park	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 3013	Bedrooms: 4	Bathrooms: 3 full, 1 half
MLS# 1684343	Property Tax: 6366

PERFECT HOME FOR YOU! New carpet, new hardwood floors in the office and living room, very open floor plan, huge master bathroom, walk-out basement, great backyard, TONS of closet space and HUGE basement! Priced way below Tax Assessment! Must see it to believe it!!

Last Updated: 7/26/2010 3:28:35 PM

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Interest Rates >Locking in Loan Rates

It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options.

While you are in the process of applying for your mortgage loan, interest rates will most likely fluctuate from day to day and week to week. If you want assurance that the wonderfully low interest rate on your loan will not increase while you are waiting for loan approval, ask for a rate lock. A conventional rate lock is a guarantee from the lender that your mortgage will carry a particular interest rate, with specific, predetermined points and fees.

The interest rate is "locked in" for a specified period of time, usually thirty days. When you call a lender for a rate quote, ask how long that rate will last for. If you think you might need more than thirty days to complete your home purchase or refinance, tell your lender how many days you will require, and they will give you an adjusted rate quote.

Rate locks are especially useful if interest rates are on the upswing, and you are concerned about ending up with higher monthly payments. If you cannot afford the risk of a further interest rate increase, lock in your loan rate now.

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Q	What is a "smart home"?
A	A "smart home" is equipped with structured home wiring packages that control the home's systems via networked technologies.
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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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