Seller Buydown
Team Johnston
Team Johnston
9105 Mendenhall Mall Road, Suite 142, Juneau, Alaska 99801Houston, Texas 77027
Call Pam Johnston: 907-321-3881
Seller Buydown Program
Want a better offer on your home? Sell your home faster - at asking price or more - with a seller-paid buydown.
How it Works:
- A 2/1 buydown temporarily reduces the buyer’s mortgage interest rate the first two years of the loan.
- The temporary buydown is paid for by the seller as an incentive to purchase your home.
- The buyer’s monthly mortgage payments will be reduced the first two years of the mortgage, allowing them to pay full price for your home.
When Does a Seller-Paid Buydown Make Sense?
- Mortgage rates are trending higher, making affordability more difficult for buyers.
- Home sales are slowing down, resulting in higher competition among sellers.
- The seller wants to attract more buyers without reducing their asking price.
- There’s a potential to increase the seller’s profit with a buydown strategy.
We'll crunch the numbers and help you decide if a seller-paid buydown is right for you. Contact Team Johnston to learn more.