Hello,
I want to share a success story! We haven't seen this in a long time but the market has moved enough that buyers have gained a little leverage back.
Despite the negative views on seller concessions, I want to show you how we created a WIN for not only the buyer and buyer's agent, but for the seller and listing agent as well.
With this particular buyer, they were currently reapproved at a different lender for only $650k. Five months ago they were looking around $800k. Drastically different homes in their new price range. They didn't want to settle. I was brought in and we were successfully able to structure a $20k seller buydown into the contract which means they were able to purchase the $780k home that they wanted!
That's a $130k preapproval bump!
Don't get discouraged because there is a way that we can get you your buying power back!
Sincerely,
Thomas Ooten