When Sellers Pay for The Buyers Closing Costs
Often times when buying a home, buyers in our area will ask the sellers to assist them in paying their closing costs. Closing costs can add up quickly and they are cash out of pocket for buyers. A buyer may be perfectly capable of getting a mortgage and purchasing a home, but won't have the cash on hand to pay for the closing costs which could be anywhere from $3,000 - $5,000.
Watch this video to educate yourself on what happens when a seller pays for a buyers closing costs and how to use that in negotiations.
For full video ➡️ https://youtu.be/pEqcn4Q43dI