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Creative Selling in Berkeley Heights & Long Hill Real Estate
Sellers are become increasingly more creative when it comes to attracting buyers in Berkeley Heights and Long Hill. One of the more effective selling tools at their disposal is the "interest-rate buy-down." This strategy calls for a seller to commit to reducing a buyer's mortgage rate by buying points instead of reducing the selling price. Each "point" is equal to one percent of the value of the mortgage. Lowering the buyer's interest rate in this way can save thousands of dollars on monthly mortgage payments over the course of the loan. Thus, many prospective buyers find interest-rate buy-downs to be more attractive than price reductions. As far as sellers are concerned, paying buyers' points can be less costly than reducing the selling price. In today's tough market, an agent who can aggressively sell your home through advertising, incentives, and negotiation is the type of agent you need. When you work with me you'll get all this as well as a friendly and attentive service experience. You won't be disappointed. Prepared By:
Maria Lourdes Couto, ABR,CRS,SRES
REALTOR-Associate
RE/MAX Classic Group
440 Springfield Ave
Berkeley Heights, NJ 07922
Cell: 908-400-1801
Direct Line: 908-376-1568
E-Mail: Homes@MariaLCouto.com If you are considering buying or selling a home in Berkeley Heights, New Providence in Union County. Long Hill Twp: Gillette, Stirling, Millingto in Morris County.Warren, Watchung in Somerset County.
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