Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Sue, a proven Ocean City, West Ocean City and South Point, Maryland NUMBER1EXPERT™ Top Selling real estate agent.
Find Ocean City, West Ocean City and South Point Homes - Find Ocean City, West Ocean City and South Point, Maryland real estate listings & homes for sale provided by Sue, your local expert real estate agent.
For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Sue, a proven Ocean City, West Ocean City and South Point, Maryland NUMBER1EXPERT™ Top Selling real estate agent.
For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Sue, a proven Ocean City, West Ocean City and South Point, Maryland NUMBER1EXPERT™ Top Selling real estate agent.
Ocean City, West Ocean City and South Point Information - Find local information on Ocean City, West Ocean City and South Point, Maryland including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Sue, a proven NUMBER1EXPERT™ Top Selling real estate agent.
Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Sue, a proven Ocean City, West Ocean City and South Point, Maryland NUMBER1EXPERT™ Top Selling real estate agent.
About Sue - Information about Sue including testimonials, guarantees, credentials, and contact information. Learn why Sue is a proven Ocean City, West Ocean City and South Point, Maryland NUMBER1EXPERT™ Top Selling real estate agent.
Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Who Pays the Points
When home buyers shop for financing, they must consider two important factors--the interest rate and the points. Each point is equal to one percent of the mortgage amount. If you are selling a home, the buyers may ask you to share the points with them.
The buyer usually pays the points. But if the offer is attractive and will give you the amount you want, paying one or more points might be a good idea. When a contract is presented, your real estate agent will go over the price and terms to help you calculate the net price you will receive. If the offer isn't strong enough or has risky contingencies, you might make a counter offer to increase your profit on the sale by eliminating the points from your selling costs or by increasing the price to help you absorb additional costs you will pay.
In some cases, buyers with limited cash may need some assistance from the sellers to make the transaction work. Your real estate agent will help you look at the total picture and the buyer's overall qualifications, so that you can make a decision based on the bottom line.
|
| Q |
What is considered the world's tallest building?
|
| A |
The 185-story CN Tower in Toronto, Canada is the world's tallest free-standing building, rising to 1,815 feet. |
See More Real Estate Trivia > |
|
|
|