10/22/2026
This isn’t rocket science, just smart strategy. Let me explain… your perfect home has been on the market for 30+ days but it’s sliiightly out of your budget. Instead of just offering less, there’s a smarter way to structure your offer and save even more in the long run!
Make Your Offer Work for You:
💰 Offer at Asking Price – Instead of playing hard to get, come in at the full list price.
🎁 Ask for Seller Concessions – Think of it as a little “thank you” from the seller. This can go toward buying down your mortgage rate and lowering your monthly payment.
✨For example, if the home is listed at $1,500,000:
Instead of offering $1,455,000, offer $1,500,000 with $45,000 back in concessions.
Use that $45,000 to buy down your mortgage rate.
⏩The Breakdown:
• With 20% down, your loan amount would be $1,200,000.
• 1 point costs 1% of the loan amount and reduces your rate by about 0.25%.
• $45,000 (3 points) could reduce your rate from 6.75% to 6.00%.
• Your monthly payment could drop from $7,784 to $7,375.
• That’s a savings of $409 per month, or nearly $150,000 over the life of the loan!
Hi I’m Julia, and I help people turn their LA real estate dreams into reality. I’ve got you ✨
REALTOR®
Compass | Rogers + Stellini + Ritt | Compass
[email protected]
DRE # 02246696
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