Price Drop vs. Rate Drop (600K)!

Price Drop vs. Rate Drop (600K)!

Wade Betz

Published 1 year ago

Hello,

These higher interest rates will impact buyers' qualifications if you have not noticed. The higher rates are also beginning the "price drops " trend, which sellers use to help attract affordable housing for buyers.

But, most sellers don't know or can show the actual numbers on how that impacts buyers. This inability to show the numbers and knowledge of how dropping the rates has a more significant impact on a buyer's payment than lowering a sales price could ever have.

Price vs. Rate -
Did you know, and I can show you through this side-by-side comparison, how a PRICE DROP of 40k has the same benefits as a 20k SBD to a buyer's payment? So, if that is the case, then we can leave 20k on the seller's net sheet vs. taking 40k off of it to address affordability issues with buyers.



Seller Buy Down -
I wanted to show you how an SBD works and how both the Buyer & Seller can benefit when the SBD + is structured within a purchase transaction. ( videos below )



Marketing Your Property -
Now that you understand how powerful a tool it is to reduce rate vs. price with the Seller Buy Down, then let's market your property with a custom SBD Video from me so that we can spread and help affordability to all buyers.

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Additional Resources

Official Conforming Loan Limits for 2023!!!

Published 9 months ago

Price Drop vs Permanent Buy Down vs 2/1 Buy Down

Published 11 months ago

Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting

Published 1 year ago

New “Unofficial” Conforming Loan Limits for 2023

Published 1 year ago

Looking past the headline: Bank of America’s “new” CRA loan

Published 1 year ago

How to Maintain Your Pre-Approval

Published 1 year ago

Mpire Financial

Company NMLS# 2108504

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