Buying A Home
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Asking for closing costs/down payment on a SS?
I have seen a few posts and a few articles online about asking for closing costs, but I don't know how it is with a short sale.
We're hoping to buy a short sale house that we LOVE, it's a great deal, but we're taking a good size loss on our townhouse so we don't have a lot of money to bring to closing (don't want to touch our emergency fund).
Has anyone has any experience with the selling bank covering their closing costs or down payment? We were thinking about making a good offer, but asking for 3.5%-5% in assistance...
Re: Asking for closing costs/down payment on a SS?
My Valentine Bookends (2~13~13, 2~15~09)
View our FOR SALE items
http://tinyurl.com/3jjv7vy
Ditto. We also had to pay for the FHA required repairs ourselves.
this. and also PP's statement that you will have to pay for the FHA repairs yourself...
Our offer on a short sale was accepted about 2 weeks ago and the bank has agreed to pay closing costs. We offered full price and asked for closing costs. It's worth a shot.