08/11/2026
🚨 BUYERS: Stop asking only for a price reduction—ask what the seller can do for your PAYMENT! 🏡💰
A motivated seller may be able to contribute toward a Temporary Buydown, giving you a lower monthly payment during your first years of homeownership.
Here’s how a 2-1 Buydown works:
✨ Year 1: Payment based on an interest rate 2% lower
✨ Year 2: Payment based on an interest rate 1% lower
✨ Year 3+: Payment returns to the full note rate
For example, if your note rate is 6.5%:
➡️ Year 1 payment is based on 4.5%
➡️ Year 2 payment is based on 5.5%
➡️ Year 3 and beyond is based on 6.5%
The seller funds the savings at closing, while you keep more money in your monthly budget when moving expenses, furniture, repairs, and life can hit the hardest!
You still qualify using the full note rate, and every loan and property must meet program guidelines—but the strategy itself can be surprisingly simple.
Before negotiating only the sales price, let’s compare the numbers. A seller contribution toward your payment may benefit you more than a small price reduction!
Buying in Texas or Louisiana? Message me the word “BUYDOWN,” and I’ll show you what the savings could look like for your price range. 🩷
Shelley Mitchell | NMLS #108865
📲 504-554-1554 or 713-545-2004
Go LOVE your home—I’ll handle the mortgage!
