Tuesday, August 30, 2005

The '6% Solution'

The '6% Solution' - Motley Fool - MSNBC.com: "If you're in the market for a new home, you may have heard the term '6% solution.' The 6% solution is a 'seller concession' that can save you some money. (But not necessarily 6% of a home's value.) There is a catch, too, which will be explained shortly. First, here's how it works, in an example swiped from our Home Center:
Imagine that you and the seller agree on the price of the house at, say, $200,000."
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