If you are trying to figure out how to sell in today’s market, this one tip can help! In a challenging real estate market, it's crucial to differentiate your property from others in the area.
Offering an interest rate buy down can make your listing stand out and draw attention from prospective buyers. By highlighting this unique feature, you can create a compelling selling point that sets your property apart and increases its desirability, giving you an edge over your competition.
In an interest rate buy-down the seller agrees to pay at closing, a certain amount of money upfront to the buyer's lender. This payment is intended to lower the interest rate on the buyer's mortgage for a period, often the first few years of the loan. During this time, the buyer's monthly mortgage payments are significantly reduced.
There are calculators that show how much can be saved with this program and how this benefits the buyer over a simple price drop. This strategy works! For more info, please give me a call, text or contact me. 361.500.2187
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