Breaking down a 2-1 buydown mortgage! – Boise Idaho Real Estate

What is a 2-1 buydown mortgage? How can it help you in today’s real estate market with interest rates as high as they are? In this video I’m going to explain how to use the 2-1 buydown loan to your advantage in order to buy or sell your home! Save on the high interest rates today (buyers) and attract the buyers to your home, over your competition (sellers)! This program can not only lower your monthly mortgage payment but can also give you the time needed to refinance when the effects of the recession hit. Reach out to me and/or your preferred mortgage professional today! Boise Idaho Real Estate Market.

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I’m a Realtor® in Star, Idaho with NextHome Treasure Valley. I moved to Star, Idaho in order to find a better way of life, other than the rigid and regulated rules of the State of California. After thorough research, I found home and made the move. It turns out it was the best decision of my life, and I want to share those experience with you! If you know of someone that may be able to benefit from my videos and is considering a move here to the greater Boise, Idaho area, I would love to be the guide! I appreciate your shares!

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Thank you for watching my videos! If you want to talk with me about the Boise Idaho Real Estate Market, feel free to email me at [email protected] , or call 208-715-STAR [7827].

I look forward to hearing from you!

Mike Petras
Your STAR Realtor
NextHome Treasure Valley

Timestamps are provided below you can skip to the sections relevant to you.
00:00 Intro
01:20 2-1 Buydown
01:54 How much does it cost?
02:05 Pros and Cons
03:40 Buyer's Strategy
05:00 Seller's Strategy
05:44 Contact Information