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So interest rates are really going down?
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Use a cashback realtor who might keep max 1% or in ideal case $1000 and refund the rest
I guess very very few are those kind of realtors
Yeah this happens all the time with smaller builders, the larger ones are a little less likely to look at just net cash as they care about the close price on MLS. To create a similar effect, some builders are offering 3-4% of purchase price as sellers credit to either buy down rates or use for closing costs. As always, can just submit a 97% or less offer to get the same effect and it’s the builders choice to accept or counter as a normal negotiation
That’s a great idea
For me they were more willing to pay for upgrades. Worked for me as I planned to buy those items and it saved me cash.
Mentor
Got the full 1.5% I asked for! Builder countered with 1% but I held my ground and their realtor was able to convince them to refund 1.5%.