buy-down
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The first-year rate on a buy-down is often referred to as the “start rate.”
From Washington Post ● Sep. 14, 2022
Cox: The escrow or buy-down account can be funded by the seller, the buyer, the lender or a third party, such as a Realtor.
From Washington Post ● Sep. 14, 2022
The dollar amount required to fund the buy-down account is a calculated amount needed to supplement the buyer’s discounted payment over the two-year period.
From Washington Post ● Sep. 14, 2022
Melgar: The buy-down will sometimes allow the purchaser to consider a larger home, especially for first-time home buyers who anticipate a growing family.
From Washington Post ● Sep. 14, 2022
The party providing the buy-down funds will normally make a lump-sum payment into an escrow account at closing.
From Washington Post ● Sep. 14, 2022
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
