Rate Buy Down: We understand that every penny counts, and securing a low mortgage rate is crucial for your financial comfort. That’s why we’re offering to buy down your mortgage rate! This means we’ll contribute to lowering the interest rate on your loan, ensuring you have smaller, more manageable monthly payments. It’s our way of helping you secure your dream home without the financial strain.
Credit Towards Closing Costs: We’re also offering a special credit towards your closing costs. This means we will cover a portion of the fees required to finalize your home purchase, lightening your financial load and making it even easier for you to move into your new haven. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.