Closing Costs and Financing Incentives
There may be times when, as
part of your offer, you request the seller to pay all or a portion of your
closing costs, or provide some other financial incentive. One common request is
asking the seller to provide funds to temporarily buy down your interest rate
for the first year or two. Such incentives can be especially effective if a
buyer is tight on money or pushing their qualifying ratios to the limit. Call
Dale for Pinehurst country club real estate.
Whenever you ask for
incentives such as these, you will probably find the seller less willing to
negotiate on price. After all, what you are really asking for is to have the
seller to give you some money to help you buy their house. The end result is
that, for a little relief in the beginning, you are willing to pay a little
more in the long run.
This site was developed to
provide information on Pinehurst real estate including Pinehurst Golf
and Waterfront homes, Pinehurst condos, and Pinehurst and Southern Pines
Commercial real estate.
Please feel free to visit any of our sites for additional information.