First Team Rate Rescue
Don't just negotiate the price.
Negotiate the payment.
A lower purchase price isn't the only way to make a home more affordable.
First Team Rate Rescue helps you compare how available transaction dollars could affect your monthly payment. And First Team Real Estate may contribute up to $5,000 toward an eligible interest-rate buydown.
Actual results and program availability depend on financing, transaction terms, lender requirements, and applicable program rules.
What if you've been negotiating the wrong number?
Most buyers instinctively ask: "How much can we get off the price?"
That's an important question. But there's another one worth asking:
"Where will those negotiating dollars make the biggest difference?"
A price reduction lowers what you pay for the home. A rate buydown may create a much larger change in the payment you experience every month.
Same dollars. Different impact.
Compare My OptionsIllustrative example
See the difference
Use it to reduce the price
Approximate modeled monthly housing-cost difference
$195/mo
Use it for a 2-1 temporary buydown
Approximate Year 1 P&I relief
$1,523/mo
Approximate Year 2 P&I relief
$779/mo
Same seller cost. Very different short-term payment impact.
Illustrative example only. Actual loan pricing, payments, taxes, insurance, qualification, allowable concessions, and available buydown structures vary. Source: Freddie Mac Primary Mortgage Market Survey, retrieved via FRED. This national weekly average is provided for educational comparison. Your actual mortgage rate will depend on your loan, borrower profile, lender pricing, and market conditions.
First Team Rate Rescue
First Team may contribute up to $5,000 toward your Rate Rescue.
Your First Team agent can negotiate with the seller for an eligible financing concession. Depending on your transaction, First Team Real Estate may contribute up to an additional $5,000 toward an eligible interest-rate buydown.
Program eligibility and transaction requirements apply.
Up to $5,000
From First Team Real Estate