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"Thank you for all the time you spent with Linda and me going over every thing so we understood what was happening. Linda made a great choice when she chose you as our agent. It was wonderful getting to know you and I wish you and your family everything wonderful life has to offer.
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Financing Your Home >Who Pays the Points
When home buyers shop for financing, they must consider two important factors--the interest rate and the points. Each point is equal to one percent of the mortgage amount. If you are selling a home, the buyers may ask you to share the points with them.
The buyer usually pays the points. But if the offer is attractive and will give you the amount you want, paying one or more points might be a good idea. When a contract is presented, your real estate agent will go over the price and terms to help you calculate the net price you will receive. If the offer isn't strong enough or has risky contingencies, you might make a counter offer to increase your profit on the sale by eliminating the points from your selling costs or by increasing the price to help you absorb additional costs you will pay.
In some cases, buyers with limited cash may need some assistance from the sellers to make the transaction work. Your real estate agent will help you look at the total picture and the buyer's overall qualifications, so that you can make a decision based on the bottom line.
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| Q |
Into what category do forty-four percent of home buying households fall?
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| A |
Forty-four percent of home-buying households are made up of married couples with dependents. |
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Frances Rosado Coldwell Banker 789 Clifton Ave Clifton, NJ 07013 973-594-4333 Fax: 973-773-5133 FrancesRosado@NUMBER1EXPERT.Com
Frances is a full-service agent who is always thinking ahead and making plans to ensure the most efficient time management, and her incredible organizational skills allow her to accomplish more in a day producing optimal results. Throughout every step of the process, Frances keeps you informed and up-to-date with all the pertinent information you need to make sound decisions. Whether buying or selling your home in Clifton or the surrounding communities, Frances Rosado is A Star Performer. Call her today to schedule a complimentary consultation. 
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