Tips for Sellers Suzanne Marina Jasso August 20, 2018
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
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Offering adjustable rates allows lenders to transfer part of the interest rate risk from themselves to the borrower.
They are listed in the order that they should appear on a Good Faith Estimate you obtain from a mortgage lender.
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