Abatement Program

Simply stated, an abatement program is a seller concession designed to increase sales traffic and stimulate sales. You might ask, how does it work? Builders use their available seller concession to pay the Buyer's interest, taxes and insurance payments for up to the first six months of their loan, allowing builders to advertise "NO PAYMENTS FOR SIX MONTHS" See your National City Mortgage new construction specialist to determine if our Abatement Program can help you sell more homes.