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As the Joliet, Plainfield, and other markets slow down and shift to favor buyers, many homeowners are struggling to sell their house. While some sellers are utilizing home warranty programs to entice buyers and compete with the abundance of homes on the market, savvy sellers and realtors are offering special buy-down options to attract more buyers without lowering their price.It's a win-win situation in which a seller can "buy-down" the interest rate for the buyer. This typically will cost the seller less money than lowering their price, yet it will save the buyer more money in interest than if they purchase … (6 comments)
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