Here is an example of how seller assist works and how it effects the home sale. A Buyer places a full price offer on a house listed at $100,000 but ask the seller pay 3% of the value toward the Buyer’s closing costs. This means the seller receives $97,000 from the sale (not full price as…
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Buyers and Sellers should have some general knowledge on various financing options. I have provided basic definitions, for more information and what types of mortgage will work for the sale or purchase of your home you will have to contact a lender. I can always recommend a reputable mortgage professional if you haven’t already chosen one….
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