Keller Williams Stimulus Plan
Keller Williams Real Estate, second largest real estate company in the US and Canada and Murray Knoll Partner’s employing agency, is introducing a real estate stimulus plan to assist Sellers and Buyers in this tough real estate market. The plan provides for rate buy downs by Sellers to assist Buyers who want either a lower mortgage rate for one or two years, or for those Buyers who want a lower mortgage rate for the life of their loan.
Below are links that will help you better understand this valuable and highly creative way to keep the lower rates of the recent past available to Buyers and assist Sellers, in a tough selling market, move their homes more quickly and more closely to the selling price most advantageous to them.
So WHO really benefits from the plan?
- Sellers benefit - increase traffic to their home by offering a lower than market interest rate to buyers.
- Buyers benefit - buyers can potentially buy more home for the same monthly payment.
Both buyers and sellers benefit from the plan!