Showing posts with label Owner will assist with closing cost. Show all posts
Showing posts with label Owner will assist with closing cost. Show all posts

Oct 13, 2008

Ask the seller to pay closing cost

A positive side of today's real estate market is the motivation of some of our sellers. Buyers requiring financing to purchase a home will find that along with the down payment, lenders will also charge closing costs. Asking a seller to pay closing cost can save a buyer thousands of dollars.

Related Florida real estate views:

Owner will assist with closing cost

Choosing the best real estate financing

Property disclosure protects buyer and seller


- Greg Staker 407-304-0255

Aug 29, 2008

Owner will assist with closing cost

Most home buyers expect to pay a down payment in order to purchase the home and obtain a mortgage. Along with a down payment, financing a home also requires the buyer to pay closing costs in order to obtain the loan.

The good news for home buyers is that sellers will often contribute towards paying a buyers closing costs. Lenders will often allow a seller to contribute 3-6% towards the buyers closing costs.

When you make an offer on a home and you desire the seller to help with your closing cost, make sure you ask for the seller's contribution in detail on the purchase contract.

To find out how you can get the seller to help you with your costs, contact me for a free consultation.


Related Florida real estate views:

Buyers are choosing fixed rate mortgages

I would not buy a house in Florida.

Obtain an FHA home loan when buying your next home


- Greg Staker - Watson Realty Corp. - 407-304-0255