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1202 Lakecrest Circle
Raymore, MO 64083
$900,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3602
Property Description
Welcome to 1202 Lakecrest Circle, an unparalleled lakefront estate nestled in Raymore, Missouri's coveted Creekmoor subdivision. This remarkable residence offers an impressive array of amenities, including 4 bedrooms, 2 full bathrooms, 2 half bathrooms, a spacious 4-car garage, and a meticulously finished basement complete with a sophisticated wet bar. As you step through the grand entrance, you'll be captivated by the seamless flow of the living spaces, adorned with gleaming hardwood floors and bathed in natural light streaming through expansive windows. The main level boasts a gourmet kitchen equipped with top-of-the-line appliances and a central island, perfect for both casual dining and elegant entertaining. Retreat to the lavish master suite, where tranquility awaits in the spa-like ensuite bathroom and generous walk-in closet. Three additional bedrooms offer ample space for family and guests, each appointed with plush carpeting and thoughtfully designed for comfort. Descend to the lower level to discover a true haven for leisure and entertainment. The finished basement features a versatile media room and an inviting wet bar, creating an ideal setting for hosting gatherings or unwinding with loved ones. Outside, the expansive deck provides a picturesque backdrop for al fresco dining or simply basking in the serene ambiance of lakefront living. Meander down to the private covered dock, where you can embark on leisurely boat rides or simply soak in the breathtaking views of the tranquil waters. With its unparalleled combination of luxury, comfort, and waterfront charm, 1202 Lakecrest Circle offers a lifestyle of unmatched sophistication. Don't miss your chance to experience the epitome of lakeside living – schedule your private tour today and prepare to be enchanted by this extraordinary property.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2014
MLS Number
2482059
Location
Address
1202 Lakecrest Circle
City
Raymore
State
MO
Zip Code
64083
County
CASS
Listing
Provider
Sylvarena Properties, Inc., original listing
Name
Sylvarena Properties, Inc.
Phone
(816) 373-8400
Office Name
RE/MAX Elite, REALTORS
Office Phone
(816) 373-8400
Agent Name
Jason Rains

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.