What Are Points?

     Each Point is 1% of a new loan. A lender will usually require that you pay a certain amount of points for the down payment. Sometimes, the seller will pay for x amount of points if you are short on cash, just to get the house sold!

[ What's the Best Time of Year To Sell? ] [ Should I List My House First Or Wait Until I Find One I Want To Buy? ] [ What if My Mortgage is Being Foreclosed? ] [ "Is it to My Advantage to Sell ""By Owner""?" ] [ Will an Agent Contact me if I Advertise FSBO? (For Sale By Owner) ] [ Am I More Likely to Find A Buyer With an Agent? ] [ What do I Look For In a Good Agent? ] [ Do I need a Lawyer? ] [ How Much can I Expect to Net From A Sale? ] [ What If I Price Too High? ] [ What If I Price Too Low? ] [ Do I Need An Appraisal? ] [ Should I Accept an Offer From A Buyer Who's Looking For a FHA or VA Mortgage? ] [ What Are Points? ] [ Can I Really Buy a Home For No Money Down? ]

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