As a home buyer, did you know you have the opportunity to negotiate closing cost with the seller? Like real estate agent fees, closing cost are another form of costs that can be negotiated by the buyer.
According to an article from impactnews.com ….
“If a buyer has a stable, well-paying job, good credit score and qualifies to make the mortgage payment but does not have enough cash to cover closing costs, there are some ways to overcome this obstacle. When the buyer makes an offer on the house, he can include in the offer that the seller pays a certain percentage of the buyer’s closing costs. The Realtor and loan officer will advise on how much the buyer can ask the seller to contribute, which varies depending on the type of loan.”
Source: Tips for negotiating closing costs - Written by Carolyn Nelson, ImpectNews.com
This is encouraging news for home buyers. The potential savings opportunity by negotiating real estate agent fees and closing cost during the same home purchase can be huge!
Be sure to check out doorfly.com for finding a rebate realtor. Doorfly provides a platform to negotiate home buying rebates with qualfied real estate agents.
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