"You removed all stress from us." "Through your careful planning, and marketing strategy, you allowed my wife and myself to focus on our move to Chicago." Todd & Deborah Brock, Chicago, Illinois Read Quote > View All Quotes >
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.
Kettering's Lincoln Park offers restaurants, entertainment, and housing within a short walk.
Do These Real Estate Tips Really Apply to YOU?
We've learned these tips through years of experience as top real estate agents. But we know that YOUR situation might be different. That's why we're here.
It's our job to personally advise homebuyers and sellers. Ask us if any tip that we've included here really applies to your situation.
Do any of these tips raise questions for you? Didn't find what you're looking for? Let us know! We are happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
What is the largest city square in the world?
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
Cyndi Shurts and Donald E. Shurts Jr. RE/MAX VICTORY 51 Plum St., suite 220 Beavercreek, OH 45440 Toll Free: 1-888-278-0295 Cyndi's Direct : 937-604-5194 Don's Direct: 937-241-2124 Toll Free Fax: 1-888-602-8133 Don's Email: Don@WelcomeHomeDayton.com Cyndi's Email: Cyndi@WelcomeHomeDayton.com
Cyndi & Don Shurts have created a reputation of outstanding service and attention to details with past home buyers and sellers, other Dayton Realtors, and real estate service providers in the Dayton area. Miami Valley Dream Homes & RE/MAX Victory at The Greene provide unmatched, cutting edge tools and technologies to accomplish specific goals for our real estate clients, both buyers and sellers. This team provided many free services beyond the standard real estate agent. They are home staging experts, extensive internet marketing experts, Short Sale experts and new construction specialists. Cyndi and Donald Shurts are members of the National Association of Realtors (NAR),Ohio Association of Realtors, and the Dayton Area Board of Realtors. This Dayton Ohio real estate team will SAVE you TIME & MONEY in buying or selling a home. See the dozens of testimonials from past clients. Past Client phone numbers available upon request.
is brought to you by Cyndi Shurts and Donald E. Shurts Jr., real estate for
Kettering, Beavercreek, Springboro and Dayton, Ohio