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Home buying advice for my daughter

Dave Porter of Pacesetter Mortgage, a local company, has a mortgage practice and he likes to share his knowledge with others to save them money.  He values relationships with clients and looks out for their best interests. 

In a recent post, he dealt with our local housing market where sellers are faced with a glut of homes on the market.  Buyers seem to be in control and are getting sellers to lower their prices significantly.  But, there's a way to make this transaction win-win for the seller and the buyer.

This is great advice for somebody trying to either buy or sell a house.  My daughter who lives in another state is looking for her first home and I'm going to share this with her as she begins the process.  Getting the seller to lower the price is not always the best deal for the buyer.  I would love to her how the math on this works.