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George Thompson had the necessary experience needed in selling my house and land as I had a unique situation with a river behind my house. He spent the extra additional time required on research in order to sell my house. He advertised in both local papers and brochures along with a large yard sign giving the particulars on my house and land. He always returned my calls in a timely manner. I would highly recommend him to anyone as he has all the qualities, skills, and personality needed as a realtor. – Liz Palmer
 

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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 
Whose mansion sold for about $2 million after just one day on the market?

A 
Soon after the death of George Burns his home was put on the market; the home sold in 24 hours.
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Johnson & Thompson REALTORS®, REALTOR®, real estate agent and broker for Nashville, Franklin and Spring Hill, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)


Johnson & Thompson REALTORS

148 5th Avenue North - Franklin, TN 37064
Ofc: 615-790-3400
Fax: 615-790-9446
Email: moreinformation@JT-TN.com

It is the mission of Johnson & Thompson REALTORS to make customers for "Life"!

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