Buyer/Seller Info

  Buydown Account

An account in which funds are held so that they can be applied as part of the monthly mortgage payment as each payment comes due during the period that an interest rate buydown plan is in effect.

 

[ Back To Real Estate Glossary ]

Member Northwest Multiple Listing Service


Featured Listings | Property Search | Rentals | Lots & Land | Buyer/Seller Info | Market Analysis | Dream Home Finder | Community Info/Links | City Overview | Weather Report | Schools | Relocation | About Us | Realtors/Appraisers | Contact Us | Mortgage Calculator | Mortgage Rates | Real Estate News | Home

Website design and hosting by iHOUSE ®

Site Admin Menu