real estate agents: Joplin Missouri Tornado
- 05/27/11 01:36 AM
Joplin Missouri Tornado report. When I got on the internet this morning and started to check email that had not been looked at since Sunday I found 2 emails from Active Rain. They were inquiries about my well being from AR members whom I have never met. My initial reaction was surprise but it should not been. This is a very caring community and I want everyone to know it. In fact, our whole real estate community is very caring of one another. As I wrote my reply to the first email from Lynda I thought I should post it on … (5 comments)
Part 1: Seller Wins!! Price Reduction vs. Interest Rate Buy Down A seller can save the buyer thousands of $$$ over the life of the loan with an interest rate buy down instead of just a few thousand dollars with a one time price reduction.
For as little as 1% of the loan amount the seller can buy down the interest rate 1/2%. On a $100,000 loan amount, the 1/2% rate reduction can save the buyer $30 per month. With a price reduction at the higher interest it would take approximately $6,000 reduction … (1 comments)
Joplin Missouri Tornado report.
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