2/1 Buy Down Strategy: Lower Your Rate 2% in Year 1 and 1% in Year 2

Buyer Benefit: The 2/1 Buydown is a strategy to help your client by lowering their rate 2% in Year 1 and 1% in Year 2, thus freeing up cash to ease into the payment and deviate those dollars to other finances.
Seller Benefit: With rates going up the pool of buyers for sellers home sale is decreasing. This is an incentive to give to potential buyers as an added benefit to pursue the sellers home as opposed to a home not marketing the seller buydown