Real Estate Glossary



  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.

 

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Steve Stoddard is a licensed Realtor and broker affiliated with Suburban Realty Inc of Manchester NH and works with clients as both a buyer's agent and a sellers agent in the purchase and sales of single family homes, multi-family homes, and condominiums in the greater Manchester NH area. Suburban Realty, Inc. is an authorized HUD home broker.


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