Seller's points
id:
seller-s-points-276-13688120
title:
Seller's points
text:
Seller's Points are lump sum payments made by the seller to the buyer's lender to reduce the cost of the loan to the buyer. One point is equal to 1% of the loan amount. The payment can either be required by the lender or volunteered by the seller. Typically, this situation takes place when the seller is in a rush to sell the property or has had issues finding a buyer. These costs are non-recurring closing costs that are also tax breaks for the buyers.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Seller%27s_points
date created:
date modified:
2023-09-27T18:39:12Z
main entity:
{"identifier":"Q7448615","url":"https://www.wikidata.org/entity/Q7448615"}
image:
fields total:
13
integrity:
13