Are you feeling stuck in interest rate limbo? Waiting to see if mortgage rates or prices are going to drop? I completely understand how you’re feeling. Let me reassure you and show you that you probably CAN still buy a house.
Hi! I’m Sherri Echols, Broker Associate with RE/MAX Bryan – College Station. If you are wanting or needing to buy a house, you may think you can’t move forward because interest rates are up. I’m here to tell you it’s possible and we have some options to try and get your loan costs reduced.
We will be strategic with your purchase and work to offset the higher mortgage payments by reducing costs upfront. We can ask the seller for concessions, rate buy-downs, and/or price reductions. Sellers these days are much more willing to negotiate than they were the last couple years. Mortgage lenders are offering a variety of rate buy-downs. It’s not hopeless. People who need to move are buying homes every day and you can do it too.
If you are curious about what rate buy-downs are available to you locally, reach out to me. I can connect you with some amazing lenders who can help us get started. I’m your Community Market Leader Sherri Echols, a helping hand for a happy home.
