Mansfield, Storrs, Coventry and Tolland real estate and homes for sale in Connecticut - Tom and Elaine Burns, REALTORS® Tom and Elaine Burns REALTORS(r) for Mansfield, Storrs, Coventry and Tolland, Connecticut real estate - NUMBER1EXPERTS™ Tom and Elaine Burns NUMBER1EXPERTS(tm) for Mansfield, Storrs, Coventry and Tolland, Connecticut real estate
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Tom and Elaine Burns, REALTORŪ, real estate agents and broker for Mansfield, Storrs, Coventry and Tolland Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Financing Your Home >Who Pays the Points

When home buyers shop for financing, they must consider two important factors--the interest rate and the points. Each point is equal to one percent of the mortgage amount. If you are selling a home, the buyers may ask you to share the points with them.

The buyer usually pays the points. But if the offer is attractive and will give you the amount you want, paying one or more points might be a good idea. When a contract is presented, your real estate agent will go over the price and terms to help you calculate the net price you will receive. If the offer isn't strong enough or has risky contingencies, you might make a counter offer to increase your profit on the sale by eliminating the points from your selling costs or by increasing the price to help you absorb additional costs you will pay.

In some cases, buyers with limited cash may need some assistance from the sellers to make the transaction work. Your real estate agent will help you look at the total picture and the buyer's overall qualifications, so that you can make a decision based on the bottom line.

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Real Estate Trivia
Q 
1992 marked the first year since before the Civil War that there were fewer than 2 million ________ in the United States?

A 
There are fewer than 2 million farms, and agricultural land is still being carved up for residential and commercial uses.
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Tom and Elaine Burns, REALTORŪ, real estate agents and broker for Mansfield, Storrs, Coventry and Tolland Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

The Burns Real Estate Group
Keller Williams Realty

1066 Storrs Road, Suite B
Storrs, CT 06268
Phone #: 860-429-2853
Phone #: 860-420-7089
Phone #: 860-655-4688
Fax #: 860-812-2171
Email: info@BurnsTeam.net

As UConn and ECSU area real estate specialists, Lakefront Property specialists and 1st time home buyer experts, their number one priority is to help their clients succeed.

The Burns Real Estate Group is a member of the Connecticut Statewide Multiple Listing Service and their expertise extends to numerous communities including: Storrs, Mansfield, Tolland, Coventry, Glastonbury, Andover, Ashford, Columbia, Manchester, Vernon, Hampton, Hebron, Lebanon, Pomfret, South Windsor, Willington, Windham and Woodstock.

You can be assured that your privacy will be respected and your interests will be protected with this top team. With a lifetime of experience in the area they know the market well and take pride in the professionalism with which they serve their clients.

Equal Housing MLS REALTOR


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