Financing Incentives

One often overlooked method of attracting buyers is to have the seller pay points-buy down the buyers rate. For the seller it is usually cheaper than lowering their asking price, and obviously lowering the price is not popular with sellers. For the buyer this is a huge incentive as getting a lower rate affects their payment for as long as they hold the loan. Buyers are also very rate conscious, and consider purchases relative to monthly payments (can I afford this payment). To read more click here