Negotiation Tips When Buying a Home in a Buyers Market: Seller Buy Downs vs. Price Reductions
09/26/22 • 5 min
In today's market, home buyers have some freedom to negotiate. It's easy to jump to simply negotiating a lesser price for the home, but there are other ways to negotiate that can save you money in the long run. In this episode, Mortgage expert Shivani Peterson NMLS# 866955, discusses negotiation tactics for home buyers and seller buy down vs. price reductions.
She also answers the following questions:
- If you have room to negotiate with a seller, how are the dollars best spent?
- What are the short and long terms pros and cons of a seller rate buy-down?
- If you could refinance in the near future, is the price reduction better?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Equal Housing Opportunity.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
In today's market, home buyers have some freedom to negotiate. It's easy to jump to simply negotiating a lesser price for the home, but there are other ways to negotiate that can save you money in the long run. In this episode, Mortgage expert Shivani Peterson NMLS# 866955, discusses negotiation tactics for home buyers and seller buy down vs. price reductions.
She also answers the following questions:
- If you have room to negotiate with a seller, how are the dollars best spent?
- What are the short and long terms pros and cons of a seller rate buy-down?
- If you could refinance in the near future, is the price reduction better?
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Equal Housing Opportunity.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Previous Episode
Top 3 Reasons To Buy a House in 2022
The housing market has changed a lot this year and has introduced some challenges to those who are looking to buy a home in 2022. However, there are still plenty of reasons why 2022 is a great year to buy a home.
In this episode, mortgage expert Ivan Simental NMLS# 1762746, shares the top 3 reasons to buy a house this year.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Equal Housing Opportunity.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
Next Episode
How To Use Your 401K To Help Buy Your First Home
Some first-time home buyers use their 401K to help with the fees associated with buying a house - such as down payments and closing costs. Is this the right choice? How do you access your 401K funds? Do you have to pay back the 401K loan?
In this episode, Ivan Simental NMLS# 1762746, discusses how to use your 401K to help buy your first home - from borrowing from your 401K to withdrawing your 401K.
The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791
Equal Housing Opportunity.
Learn more about home buying, refinancing, and real estate investing at themortgagereports.com
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