Imaging being able to lock in your interest rate today for the next 30 years. However, in year one - your rate will be 2% lower. In year two, your rate will be 1% percent lower and by year three it adjusts upwards to the original rate when you purchased your home.
A 2-1 buydown is great tool to use to help ease a homebuyer into today’s housing market. It’s also a great incentive for a seller to offer a buyer as a reason to buyer their house. There’s nothing new about a 2-1 buydown, what’s new is it’s usefulness in todays market. Homebuyers, realtors, LOs and home sellers will all benefit from this episode.
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Unlock The Key To Success With Time Tracking! Ep. 412
Episode 411: Beyond the Headlines: Separating Fact from Fiction
Episode 410: Rent-To-Own is COMPLETE Bullsh*t...Here’s Why
The Fed Speaks: Powell Promises Prolonged Period of Pricey Money
Episode 408: Why Every Loan Matters
Episode 407: The Missing Math Behind Ramsey's Money Rules on Housing
Episode 406: How to Stop Recruiters
Episode 405: Traditional Marketing vs Digital Marketing – Can They Work Together?
Episode 404: Follow These Rules to Become a Better Sales Coach and Presenter
Episode 403: How To Win At Life and In Business
Episode 402: Rethink What You Think You Know About Video Marketing
Episode 401: 5 Mistakes to Avoid When Buying Real Estate
Episode 400: How To Earn More Commissions Without New Leads
Episode 399: Congratulations! You Made It to 2024
Episode 398: Here’s What A Good Business Coach Will Teach You
Episode 397: Are Lenders Blatantly Violating LO Comp Rules?
Episode 396: OpenAI 101: From Clueless To Genius
Episode 395: Learn From My Mistakes
Episode 394: How To Improve Your Sales Through Storytelling
Episode 393: What’s In Store For 2024
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