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Old 11-14-2006, 09:07 AM
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Default Mastro has raised Buyer Premium to 20%

Posted By: Brent Butcher

Leon mentioned Heritage at 19.5% - the big differences between Heritage and Mastro is Heritage lets you use credit cards to pay. I don't think Mastro offers this even with the increased premium. Also, Heritage will hold the cards for 6 months I believe while you pay them off(pre-qualified bidders only.)

I haven't taken advantage of either of these options but I'm sure that's a huge benefit to some.

With the increased buyer's premium Mastro could afford these same options and I would think the end result would help the sellers.

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