10/01/2026
Higher mortgage rates can make buying feel harder. But when there’s less competition, you may have more room to negotiate seller help. 🏡
Before asking only for a price reduction, consider asking the seller to:
✅ Pay for a permanent rate buydown
✅ Fund a 2-1 buydown for lower payments during the first two years
✅ Help cover your closing costs
For example, a $10,000 price reduction lowers what you pay for the home. A $10,000 seller credit could cover eligible closing costs you’d otherwise pay out of pocket, keeping more cash available for your move.
Neither option is automatically better. It depends on your budget, your payment goals, and how long you expect to keep the loan.
Let’s compare the numbers before you make an offer!
JakePlanton.com | 503-475-3788
Seller credits are subject to program limits, eligible costs and lender approval. Temporary buydown payments increase as the subsidy ends; borrowers must qualify at the full note rate. Educational information only, not a commitment to lend.
