Tired of throwing money away on rent?
Have rising mortgage interest rates changed your plans to purchase your first home?
This Seller is offering a $10,000 Buyer incentive to help!
As mortgage rates rise, affordability falls, but this home seller is offering a $10,000 incentive* to help a buyer purchase their first (or next) home. Read on for more information...
This 2 bedroom townhome in the award-winning Central Park neighborhood would make a great home for a first-time buyer, but recent increases in mortgage interest rates have reduced most buyers' purchasing power. Thinking "outside the box" the Seller of this home is offering a $10,000 incentive* which a Buyer can use to pay down their closing costs or "buy down" their mortgage interest rate.
Through a 2/1 rate buydown, a typical buyer could save over $500 per month on their mortgage payment in the first year of ownership, and over $250 per month in the second year. Contact your mortgage lender for more information on how to best use the incentive for your home purchase. Alternatively, the Buyer can also use the incentive to reduce the price of the home.
View more details about the home, including additional photos and a 3D virtual tour, at https://kte.am/11265
Need a lender or more information about how this incentive can increase your purchasing power? Contact Matt Tenney at SWBC Mortgage.
* $10,000 incentive available to Buyer at closing if property is under contract by August 15, 2022. Incentive can be used to "buy down" mortgage rate, pay closing costs and prepaids (as approved by lender), or reduce sales price. Contact your lender for details or contact the Listing Agent at (303) 598-3468 for a lender referral. The Kearns Team (listing agents) and Realty ONE Group Five Star (listing brokerage) are not mortgage lenders and this is not an offer of a mortgage.