Avoiding Real Estate Turbulence -Episode 21 How do mortgage discount points/seller concessions work?

In this episode we discuss how points reduce your interest rate, what they cost and when they might be the right choice for a buyer. We also talk about buyer getting seller to pay a percentage of their closing costs. What is the max amount you can ask a seller to pay? Does it depend on your loan type or downpayment amount? Listen to find out.