Seller pay closing + prepaids? Low cash options!Our apartment lease will be up in December and we want to purchase a house, but we are getting married in September and will be using up a significant portion of our savings on the wedding. So saving up for the down payments, closing costs, and pre-paids seems like it's going to be impossible even for a very inexpensive house. Here's an example:December total savings possible = $7500Desired minimum savings after purchase = $1500Mortgage amount: ~$90-110,000Down payment: 5%Closing costs: ~$2000Pre-paids: $1500-1800Total cash needed w/o seller contribution: ~$9000As you can see, that can't happen by December! However, I've heard that sometimes sellers will allow you to pay more for the house and in turn they will pay for closing costs. Can you also have the seller pay for prepaids?In the case of a $100,000 home, we would need a down payment of $5000, but then if we could offer to pay $104,000 for the home, would most sellers be willing to pay for our closing costs and prepaids, allowing us to purchase the home with a total of $5200 cash(extra $200 from the added down payment to equal $104k)?Thanks!July 04 2013 - Wichita00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.