points: Seller Paid Points? - 02/27/08 05:50 PM
In shopping for home mortgage financing, home buyers must consider two important factors--the interest rate and the points. Each point is equal to one percent of the mortgage amount. If you are selling a home, the buyers may ask you to share the points with them. The buyer usually pays the points. But … (2 comments)
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In shopping for home mortgage financing, home buyers must consider two important factors--the interest rate and the points. Each point is equal to one percent of the mortgage amount. If you are selling a home, the buyers may ask you to share the points with them. The buyer usually pays the points. But … (2 comments)
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