Listing Details: Charlottesville, Lake Monticello and Louisa, Virginia Real Estate Listings & Homes For Sale Provided by Melissa Butler

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Feature Home - 162 Lakeway Road

$324,900 Lake Anna-Boat Dock

Photo of 162 Lakeway Road, Mineral, VA, 23117.

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Deeded Boat Slip

Address: 162 Lakeway Road	City/ST: Mineral, VA	Zip Code: 23117
Location: Windwood Coves	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 2014	Bedrooms: 3	Bathrooms: 2
MLS# 454630

YOUR SEARCH IS OVER-Stunning 3 BR, 2 Bath Rancher in Desirable Gated Community of Windwood Coves. Deeded Boat Dock & Access to Water 1 Block. Upgrades include-Corian Counters, Birch Cabinetry, Stainless Appliances, Wine Cooler, Breakfast Bar, Under Cabinet Lighting, Trash Compactor, Crown Molding, Chair Railing, Double Hung Hi-E Windows, Hickory Laminate Flooring, Built-in Shelving & Cabinets, On-Demand Water Heater, Bali Blinds,Ceiling Fans in all Rooms,Pocket Doors & the List Goes on.........

Last Updated: 6/23/2010 7:51:06 PM

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Deeded Boat Slip
Kitchen
Kitchen
Wine Cooler
Breakfast Bar
Dining Room
Living Room
Family Room
Gas Log Fireplace
Family Room
Master Bedroom
Master Bath
Bedroom 2
Bedroom 3
Foyer
Main Bath
Beach
Extra Photo
Wrap Around Porch
Porch
Porch
Storage Shed
Yard
Tennis Court
Kitchen

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Troy Real Estate

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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 building has the largest windows in the world?
A	The Palace of Industry and Technology in Paris, France has three matching windows, each 715 feet high and 164 feet wide and comprised of multiple panes of glass.
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Melissa Butler, REALTOR�, real estate agent and broker for Charlottesville, Lake Monticello and Louisa, Virginia home listings, property and land for sale

Melissa Butler
Better Homes and Gardens Real Estate III
10046 Three Notch Road
Troy, VA 22974
Phone: 434-996-4529
Fax: 866-505-4235
Toll Free: 800-207-4684
melissabutler@BestImageAgent.com
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