Temporary Buydown

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Definition: Temporary Buydown

Temporary Buydown
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Full Definition of Temporary Buydown

A discount in the payment of a mortgage in the loan’s early years in order to get advance cash payment from the home seller, buyer, or both.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/temporary-buydown/
Modern Language Association (MLA):
Temporary Buydown. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/temporary-buydown/.
Chicago Manual of Style (CMS):
Temporary Buydown. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/temporary-buydown/ (accessed: April 19, 2024).
American Psychological Association (APA):
Temporary Buydown. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/temporary-buydown/

Definition Sources

Definitions for Temporary Buydown are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.