Home Buyers May Ask the Seller to Pay for These Things

Buyer

Closing Cost

These are cost associated with your loan and can be 3% of the loan cost.  So if you are borrowing $100,000 and don’t have the extra $3000 to cover the closing cost, you can ask the seller to pay for this.  This may up the price of the home by that amount but you will not have to have that cash at the closing instead it will be wrapped up in your mortgage.

Home Warranty

A home warranty is an insurance policy on the mechanical and electrical aspects of the home.  Several companies provide home warranties.  They cost around $450 for a basic plan.  Many home owners will provide one if you ask for it.

Let me act as your agent.

I will negotiate all this and more during your buying process.

Call Mary Plunkett   417-824-1042.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s