Many buyers are trying to save money on their mortgage payments.
Typically, buyers aim to lower their purchase price, but this may only save them a small amount each month.
How can buyers maximize their savings without lowering the offer price?
Instead of reducing the price by $20,000, ask for a $20,000 credit to apply toward a temporary rate buy-down.
Programs like the 3-2-1 buy-down can save you hundreds of dollars each month in the first year. Plus, with rates expected to drop in the next few years, you may be able to refinance for even bigger savings.
#realestate #renonevada
Typically, buyers aim to lower their purchase price, but this may only save them a small amount each month.
How can buyers maximize their savings without lowering the offer price?
Instead of reducing the price by $20,000, ask for a $20,000 credit to apply toward a temporary rate buy-down.
Programs like the 3-2-1 buy-down can save you hundreds of dollars each month in the first year. Plus, with rates expected to drop in the next few years, you may be able to refinance for even bigger savings.
#realestate #renonevada
- Категория
- Рефинансирование кредита
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