Seller's points

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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 ?
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.
There should always be a contingency that if the new owner doesn't work out, the business reverts to the original owner, with the understanding from the seller's point of view that it may not be the same business," she said.
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.
The price is low from the seller's point of view, said Neill Young, an insurance analyst at Coronation Fund Managers in Cape Town, South Africa.
From a seller's point of view, the stabilised market place may also represent an opportunity.
From the seller's point of view, that's the "ice cream cone" offer.
From the seller's point of view, when approached by a management buy-out team it is important to be extra vigilant and to look closely at existing controls to protect them in the light of the changed circumstances.