With interest rates hitting their highest level since 2000, coupled with very low inventory, September was not the start to the fall real estate market that we were hoping for! However, if you can get past the economic news and focus on the positives, there are tools available to navigate this real estate market. 

Interest rate buydowns are one of those tools that just may make sense to help get a buyer over today’s affordability crunch. As the holiday season approaches and days on market creep, sellers, don’t be surprised if a buyer is willing to pay your sales price, but asks you to participate in an interest rate buydown. 

Our longtime lending partner, Hunter Marckwardt of CrossCountry Mortgage, shared an excellent short video on this topic with our team and included a buydown calculator to strategize with. It is worth listening to and understanding as it may be the key to your success as both a buyer and seller.

Buy downs are back, here is your calculator

If you have questions, Hunter can be reached directly at 925-575-0086. 

Thanks,

Dana & Team