|
BUYERS CHOOSE US! 3 masters degrees, negotiation and mediation training give YOU the advantage! Call us: 703-969-0410
|

Request Our Free Relocation Package! Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate! Find Out More > View All Offers >
|

Jim Was So Helpful And Efficient "We will always think of him as one of the family." Nina C. & Stevie B., Fredericksburg Read Quote > View All Quotes >
|
Jim and Deanna Gilbert are some
of The Top Selling Real Estate Experts Find Out More > |
|
|
 |
 |
Feature Homes: Homes, properties, & other real estate in Lake Ridge, Manassas, Gainesville/Bristowand Virginia with virtual tours, photos,
and more |
 |
Search All Local Listings: Search all Lake Ridge, Manassas, Gainesville/Bristowarea MLS listings in Virginia from real estate
brokers |
 |
Email Updates: Get email updates no Lake Ridge, Manassas, Gainesville/Bristowarea MLS listings in Virginia from real estate
brokers |
 |
Property Organizer Login: Property Organizer Login for Lake Ridge, Manassas, Gainesville/Bristowarea MLS listings in Virginia from real estate
brokers |
 |
Home Valuation Request: Home valuation request for all Lake Ridge, Manassas, Gainesville/Bristowarea MLS listings in Virginia from real estate
brokers |
 |
National Listings Databases: Homes for sale in
national American USA web site listings databases of properties |
 |
New Construction: New homes for
sale, new construction and newly built properties and real estate
subdivisions |
 |
Unique & Luxury Homes: Home buyers, find luxury
homes, real estate, beach front properties, mansions, & acreage/land for
sale on these top national & international listings web
sites |
 |
International Properties: Find international
homes for sale on these international/global real estate web sites from Canada,
Europe, France, Germany, UK, Great Britain, Spain, Italy, Asia, Africa, and
beyond |
 |
Search ALL the Experts' Homes: Search the best local homes for sale from all the real estate
experts, agents, Realtors, and brokers |
Please Sign Up For The
Latest Listings and the Latest Real Estate News
First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
|
| Q |
What country of the world has the highest percentage of private housing?
|
| A |
Mongolia, where 100% of all properties are owner-occupied. |
See More Real Estate Trivia > |
|
|
|
|