Using Seller Concessions to Win | Today in Mortgages Ep. 274

From Today in Mortgages · 11:41

Show by Today in Mortgages

Negotiating a lower home price might seem like the obvious move, but you could be leaving serious money on the table. In a volatile market, understanding how to leverage every tool available is crucial, and seller concessions are a powerful one that many buyers overlook. Rich and Michael explain why this strategy is often far more beneficial than a simple price reduction. **What we cover:** * Why seller concessions are often better for buyers than a lower sale price. * How to use concessions to permanently buy down your interest rate. * A practical example of how an $18,000 concession can save you $300 a month. * The current state of the market, including recent PPI data and its impact on rates. * The importance of working with an experienced loan officer who understands these strategies. What are your biggest questions about buying a home in today's market? Let us know in the comments, and don't forget to subscribe for more expert insights! Today in Mortgages is produced by Network Funding, LP | Equal Housing Opportunity Lender, NMLS ID #2297 | nflp.com/licensesSee more at TodayInMortgages.comWant to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here. Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

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