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Interest rate buydowns are popular now 2025
While mortgage interest rates are nowhere near a historic high, they are for at least two generations of Americans who have not seen 7%. At the same time as interest rates have risen from historic lows in the 2% range, home prices have risen. In fact, during a recent two-year period, prices rose higher and…
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Commissions for Buyer’s Agents after the judgment
It’s been a bumpy ride making the transition from the decades-long approach to selling real estate that most agents had become familiar with. It’s very clear that bureaucrats have decided that there is no need for a buyer to pay a real estate agent to help them find a home for them. Meaning, that bureaucrats…
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Alternative mortgage financing: consider a wrap-around mortgage now
Have you heard of a “wrap-around mortgage?” There are other terms for the same type of mortgage but the meaning is that a buyer can come to a buyer with some down payment cash and take over an existing mortgage. There is more to this but the concept works. Wrap-around mortgages are not for everyone.…
