Freakonomics Blog has a great article about seller concessions.   The banks have more risk and someone pays for that - guess who - you, me and the average consumer that plays by the rules.  Don't get caught up in something that sounds too good to be true. You will be able to sleep better at night and keep your license.  
 
Posted by Ronnie Roach on 06/28/2007 01:08 PM   Comments (3)  

3 Comments on Freakonomics has great post on What is wrong with Seller Concessions

JUN
28
2007
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1:17pm • #1
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1:17pm • #2
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Good article. The effect on the capital market is very interesting. Another thing is that a higher sales price would be reflected on the property records and artificially could increase the assessed values in an area thus affecting taxation. 
2:44pm • #3

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Ronnie Roach

Kill Devil Hills, NC

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Wells Fargo Home Mortgage

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