One of my buyers just settled on his new home yesterday. follow url He only needed about $3000 of his own money to get in.
Normally, a buyer needs about seven percent of the sales price to buy a home. The down payment on a FHA loan is 3.5%. The closing cost is also around 3.5% of the sales price.
You can be nice Laurel real estate for around $240,00. So on a $240,000 home the buyer would need a total of $16,800 at a minimum to purchase the home.
So how do we reduce that amount of money to something a buyer can afford?
First we negotiate closing help from the seller, usually three percent. Three percent of $240,000 is $7200. Next we give the buyer a grant for $10,000. Now we have $17,200 for the buyer to use.
The buyer now has about $400 extra to use any way he sees fit. This is a much better position for our buyer to be in.
where to safely buy provigil online The $10,000 grant from the bank is currently available for people who qualify. The grant fund is limited and usually runs out around October or November.
does neurontin help a meth comedown This buyer got in the home for minimal funding from his own pocket. Contact me today to see if you qualify.