03/31/2026
Strategy > Headlines🏠📈
When I talk to buyers about seller concessions, the first question is usually "Can we use this for my closing costs?"
It’s a great question, but there is another move that often wins in the long run is The Rate Buy-Down.
Think of it this way, would you rather use $5,000 for a one-time discount on your closing costs, or use that same $5,000 to "buy down" your interest rate? While every situation is different, buying down the rate lowers your monthly payment for the life of the loan. You won't see that $5,000 in your pocket on closing day, but your bank account will feel the savings every single month for years to come.
A quick professional note: You will never hear me quote a specific interest rate. That isn't my job, and frankly, there are too many personal factors (credit, down payment, loan type) that go into your specific quote for me to give you a "random" number.
I leave the quoting to the experts. I partner with fantastic lenders who can run these exact side-by-side scenarios for you to see which path saves you the most.
When you look at this chart, which shows the Case-Shiller home appreciation data back to the 1940's, it’s clear that real estate is a long-term wealth builder. The key is getting into the home at today’s price and using the right lending strategy to make the math work for you.
When you look at this chart, which shows the Case-Shiller home appreciation data back to the 1940's, it’s clear that real estate is a long-term wealth builder. The key is getting into the home at today’s price and using the right lending strategy to make the math work for you. See that $5,000 in your pocket on closing day, but your bank account will feel the savings every single month for years to come.
Robin Brumley, REALTOR®️
Legacy Real Estate
432-517-0554
