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Answers (3)
Best Answer
- Craig Yeager, "yeagersells"
- Contributions:51
Also yes you would increase the price by the desired amount you need for closing costs. Although make sure what your offering is not more than what its worth so you don't have an appraisal issue once in escrow. Always have a realtor help you look at the comps to make sure its worth what your offering and most importantly you're not paying way too much compared to the recent sales since prices have dumped quick in a lot of areas.
- Eric Smith, "ohiosmitty"
- Contributions:352
Offer whatever you fill comfortable with. They can always counteroffer you.
- Craig Yeager, "yeagersells"
- Contributions:51
Talk with your lender and find out what your total costs are and ask the seller for a credit in buyers closing costs for whatever you need to do the deal and close escrow.
Write it up like you would with the 3.5% down and in addition ask for the desired amount needed for the closing costs. I know here in California you can ask for a maximum of 6% back and no more.
Good luck!
Write it up like you would with the 3.5% down and in addition ask for the desired amount needed for the closing costs. I know here in California you can ask for a maximum of 6% back and no more.
Good luck!
do i offer more if i go FHA to cover my closing costs from the seller?
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