R J Foster, Realtor®
R J Foster, Realtor®
(316) 258-2670 Direct
(877) 330-9477 Fax
KS Broker Lic# BR00039462
R J Foster & Associates, LLC
Serving Sedgwick, Butler, Harvey & Sumner
"A Better Way To Buy & Sell Real Property"
Real Estate Glossary

  Buydown Account

An account in which funds are held so that they can be applied as part of the monthly mortgage payment as each payment comes due during the period that an interest rate buydown plan is in effect.

 

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