Buyers, are you frustrated with higher mortgage rates? Did you know there are options available to help offset the costs of these interest rates?
Hi, I’m Tanja Odzak, eXp Realty, and I help people sell and buy homes here in the East Bay.
As an active buyer in today’s housing market, a two-one buy-down might be for you.
What is a two-one buy-down? It is a mortgage loan to help buyers offset the higher interest rates.
With this program, your payment will be 2% lower the first year, 1% lower the second year then it goes back to the 30-year fixed rate mortgage. This is done with a seller credit and the credit is your savings. The seller credit will sit inside your mortgage account and will feed over to your payment each month to make that payment whole. Any money left in your escrow account at the end of the term or if you decide to refinance will be credited back to your principal balance… meaning, It is your money to keep.
It’s a fantastic program for buyers and a GREAT tool! If you are a buyer looking to buy and would like more information on this program, Call me!
And if you need to sell a home too… ask me about my home selling plans.. I took the pain out of negotiating with a Realtor and made it SUPER simple. Really! Choose Silver, Gold, or Platinum- Pick your Plan and Pick your Price. I’m Tanja and I sell homes. Let’s get you going, Call me today!
I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit.
Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?