How Can Sellers Benefit from a 2-1 Buydown?

Name: How Can Sellers Benefit from a 2-1 Buydown?
Uploaded: 2022-10-26T12:48:39.000Z
Duration: 103 s
Channel: Keith Goeringer
Description: Discover the advantages of a 'Seller-Paid 2-1 Buydown' where a fee paid at closing reduces the buyer's mortgage interest rate by 2% in year 1 and 1% in year 2.

A "Seller-Paid 2-1 Buydown" is where you pay a fee at the closing to reduce the interest rate on the buyer's mortgage by 2% in year 1 and 1% in year 2.

Keith Goeringer

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How Can Sellers Benefit from a 2-1 Buydown?

A "Seller-Paid 2-1 Buydown" is where you pay a fee at the closing to reduce the interest rate on the buyer's mortgage by 2% in year 1 and 1% in year 2.

Keith Goeringer