Don't Ask for a Price Reduction... Ask for THIS Instead!

Most home buyers negotiate the price. The smartest buyers negotiate their monthly payment.

In this video, I show a real example of how a 1% seller-paid interest rate buydown on a $700,000 home could save about $367 per month, while a $20,000 price reduction may only save around $130 per month.

If you're buying a home, this strategy could save you thousands of dollars during your first few years of ownership.

📍Thinking about buying in the Inland Empire? Let's build a strategy that saves you the most money.

Listen up, home sellers. The most important factor when someone is trying to buy your house is not your sales price. It's not the comparables. It's their monthly payment. So instead of dropping your price by 10 or $15,000, you might want to consider a buy down interest rate because that affects what's most important to them. Most buyers spend all their time negotiating the purchase price. It's normal. But the truth is, your monthly payment usually is more important than a few uh,000 in the sales price. Let me give you an example. Now, let's assume that the seller uh buys down the interest rate from a 7 to 6% and they pay for it. Your payment drops to about $3,350.

Okay, that's more than 4,400 a year. Now, compare that to if the seller simply dropped the price on the house by $20,000. Your savings is only $130. That is a massive difference. That's why today the market isn't just about negotiating the price. It's about negotiating smarter. If you're buying a home, ask yourself a question. What's more important? That I negotiate the price from 700,000 to 680,000 or that I negotiate the price from $700,000 but have them drop it uh have them drop my interest rate a whole percentage by them buying it down. I think it's a no-brainer. Remember, your monthly payment is more important factor than a sales price.