Creative Financing in Today’s Market

Creative financing…it’s a very tough market for sellers right now. High interest rates along with economic uncertainty and a lower stock market are hurting buyers. There are a large number of unsold homes sitting on the market, and more homes coming onto the market every day. Average days on market right now is nearly 3 months. Sellers are having to lower prices and offer concessions to get buyers to write an offer.

So what can Team Harry Realtors do to sell my home faster than other agents? We’re glad you asked! If you list your home with us, Craig will offer to finance any buyer (with an accepted contract) and use his compensation on the loan to buy down their interest rate. For a typical buyer, this means a rate near 6.25% (depending on many other factors), rather than near 7%. This could lower the buyer’s monthly payment between $200-$300 per month.

This buyer incentive, exclusively for our sellers, can put your home one step above comparable homes, and get it sold faster at a higher price. If you’re curious about how this exclusive incentive can work for you, give Craig a call to discuss further.

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Temporary rate buy down strategy