Follow the advice below and get your good deal now. while the prices are still disturbing low and the interest rates haven't really started that upward climb yet. Best to talk with a lender who is recommended by your agent. Next best is a lender recommended by a friend who has used them.
Go get your good deal now and good luck.
The Realtor Who Listens to Your Needs.
Sometimes the incentive will work to your advantage and they would consider your offer over someone who does not use them. Of course this is illegal but let's talk reality 101. What you can do is of course is from your own lender find out what your rate would be and decide from there.
I send all my clients to Mary Kay Laurent with Guaranteed Rate at 773-516-6859. She is great and it is at no cost to you.
Shop for the best mortgage rate and if this house is the one you want ask your broker to give you the fair market value and don't dawdle. This market is very hot and multiple offers are more of an expected scenario than not.
If you make a mistake on buying your home, you can lose thousands....but, if you make a mistake on the financing, you will lose tens of thousands!
I make certain, as part of my real estate services, that my clients are fully informed and make the best choices on their financing. There are three little utilized mortgage techniques to save a ton of money over the cost of the home. Banks never offer the best mortgage rates and fees.
The fact that you are going to try to lowball them - will however. The asset manager handling the case will likely either counter you back $500 under list price, or ignore you completely and sell the property to someone else.
Good luck and let me know if you need any help.
Senior VP of Mortgage Lending
773 290 0456
I would lean towards their lender and use the incentives.