The real estate market is shifting. Some San Diego home sellers challenged by this change are looking for creative ways to attract buyers. In addition, some home buyers are asking for more concessions from sellers than ever before. Seller concessions are a useful tool in real estate. Used ... Continue Reading » about San Diego Home Seller Concession Limits and Mortgage Interest Rate Buy-down
What is a 2/1 buydown
What is a 2/1 Buy Down and How Will It Help Lower my Mortgage Payment?
Check out this example of how a 2/1 buydown can help make your mortgage payment more manageable. Below is a 2/1 buydown example for a purchase of $750k, with 20% down, 760 credit rating. Here we can see the value in the 2/1 program when making offers at list price or slightly higher as opposed to ... Continue Reading » about What is a 2/1 Buy Down and How Will It Help Lower my Mortgage Payment?
