Interest Rate Buydown vs. Sales Price Reduction
Hello Everyone,
I'm a fairly new real estate agent in the Bay Area, CA. My brokerage recently had a quick presentation on how having an interest rate buydown vs. a sales price reduction could be beneficial to both sellers and buyers. I've been trying to go through the presentation to understand it a bit more but having not experienced it myself, I'd love to hear other people's opinions on this subject.
What are your thoughts? Have you tried this method?
I'd love to hear them, I'm trying to learn as much as I can!
Best,
Dominique