Seller's points

(redirected from Seller's Point)

Seller's points

In reference to a loan, seller's points consist of a lump sum paid by the seller to the buyer's creditor to reduce the cost of the loan to the buyer. This payment is either required by the creditor or volunteered by the seller, usually in a loan to buy real estate. Generally, one point equals one percent of the loan amount.

Seller's Points

A lump sum that the seller of real estate pays to the lender that finances the transaction for the buyer. Seller's points are part of the seller's closing costs and are used to make the loan less expensive for the lender. Seller's points are usually made when the seller needs to rid himself/herself of the property in short order and wants to encourage the lender to qualify the buyer. Most of the time, one point equals 1% of the amount of the loan.
References in periodicals archive ?
From the seller's point of view, the property is off the market and tied up until you decide whether the report is satisfactory.
In this section we talk about the pros and cons of using a real estate agent from a buyer and seller's point of view.
H&H Land & property added that, from a seller's point of view, now was a good time to buy as farm prices were continuing to hold despite economic uncertainties such as the forthcoming election and Brexit.
From a seller's point of view, the higher the goodwill the better, as this is capital and generally non-taxable.
Revenue here from actual annual Seller's Point Of Sale Records.
FRNs are considered to be less risky from a seller's point of view, although unlike fixed-rate bonds there is always the risk the value may drop or remain static over the investment term.
It makes it tough from both a buyer and a seller's point of view.
Nevertheless, when all's said and done, the only question that really matters from a seller's point of view is whether a busy market is necessarily a good market.
While, from a seller's point of view, selling a property at auction gives them certainty.
From a seller's point of view, the AFM is still the most important autumn event," says Albert Lee of Hong Kong's Emperor Motion Pictures, who last year joined the board of market organizer Independent Film and Television Alliance.
From a seller's point of view, the garden probably looks at its best just now and there's plenty of opportunity to fit in evening viewings.
The answer is clear, at least, from the seller's point of view.