IDEAS home Printed from https://ideas.repec.org/a/bla/reesec/v12y1984i2p153-161.html
   My bibliography  Save this article

The Shifting of FHA Discount Points: Actual Vs. Expectations

Author

Listed:
  • Stanley D. Smith
  • G. Stacy Sirmans

Abstract

This study extends the earlier studies by Zerbst and Brueggeman (Z&B) and Colwell, Guntermann and Sirmans (CGS) with regard to the shifting of FHA discount points by the seller to the buyer in the form of a higher selling price. The study extends the earlier studies by reducing the estimation problems of the CGS model and further developing the Z&B model to incorporate expected discount points built into the asking price. The results presented indicate that 100% of the points are not being shifted. Reasons for the less‐than‐full shifting are given.

Suggested Citation

  • Stanley D. Smith & G. Stacy Sirmans, 1984. "The Shifting of FHA Discount Points: Actual Vs. Expectations," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 12(2), pages 153-161, June.
    • Handle: RePEc:bla:reesec:v:12:y:1984:i:2:p:153-161
    DOI: 10.1111/1540-6229.00315
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1540-6229.00315
    Download Restriction: no
    File URL: https://libkey.io/10.1111/1540-6229.00315?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Roy Black & Julian Diaz & Marvin Wolverton, 1997. "Examination of the Effect of Buyer Agency on the Distribution of Closing Costs," Journal of Real Estate Research, Taylor & Francis Journals, vol. 14(1), pages 43-54, January.
    2. G. Stacy Sirmans & C.F. Sirmans & Stanley D. Smith, 1987. "Creative Financing, House Prices, and Property Tax Inequities," Urban Studies, Urban Studies Journal Limited, vol. 24(5), pages 409-415, October.
    3. Darren K. Hayunga, 2018. "Sales Concessions in the US Housing Market," The Journal of Real Estate Finance and Economics, Springer, vol. 56(1), pages 33-75, January.
    4. James E. Larsen & Won J. Park, 1989. "Non‐Uniform Percentage Brokerage Commissions and Real Estate Market Performance," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(4), pages 422-438, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:reesec:v:12:y:1984:i:2:p:153-161. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/areueea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.