Buyer Gets $10,000 Grant

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.

 

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