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Cost of Waiting to Buy

This shows a buyer what can happen to the payment if while they are waiting to buy, there are increases or decreases in the appreciation or mortgage rate.

Script - “You may be right…if you did wait a while and the price of the home does come down 5% but during that time, the interest were to go up by one percent, you’ll pay $XX more each and every month for as long as you have that mortgage on the house even at the cheaper price.”