Ever heard of seller concessions? They’re game-changers in the home buying journey!

Price Reductions: Imagine the thrill of scoring your dream home at a lower price! Sellers sometimes drop the tag to sweeten the deal, making homeownership dreams more reachable.

Rate Buydowns: Ever wished your mortgage payments were a bit lighter? With rate buydowns, sellers contribute to lowering your interest rate for a specific period—cue more budget-friendly monthly payments!

Both have their magic, but they dance to different tunes! Price reductions cut the upfront cost, while rate buydowns ease your monthly spend.

Pro Tip: Each concession type may play a different tax game, so consulting a pro is your MVP move!