 |
 |
 |
|
Welcome > Main Sitemap ...
Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from a Breckenridge, Frisco and Dillon, Colorado NUMBER1EXPERT(S) Top Selling real estate agent(s). Contact Nancy Yearout today! Find Breckenridge, Frisco and Dillon Homes - Find Breckenridge, Frisco and Dillon, Colorado real estate listings & homes for sale provided by Nancy Yearout, your local expert real estate agent(s). Golf Course Properties, Investment For Home Buyers - Get home buying information, the latest listings, mortgage information, expert advice, and much more from Nancy Yearout, a Breckenridge, Frisco and Dillon, Colorado NUMBER1EXPERT(S) Top Selling real estate agent(s). For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Nancy Yearout, Breckenridge, Frisco and Dillon, Colorado NUMBER1EXPERT(S) Top Selling real estate agent(s). Breckenridge, Frisco and Dillon Information - Find local information on Breckenridge, Frisco and Dillon, Colorado including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Nancy Yearout, NUMBER1EXPERT(S) Top Selling real estate agent(s). Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Nancy Yearout, Breckenridge, Frisco and Dillon, Colorado NUMBER1EXPERT(S) Top Selling real estate agent(s). About Nancy Yearout - Information about Nancy Yearout including testimonials, guarantees, credentials, and contact information. Learn about NUMBER1EXPERT(S) Top Selling real estate agent(s) like Nancy Yearout in the Breckenridge, Frisco and Dillon, Colorado area.
|
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 has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
|
| A |
Real Estate--it goes through cycles, but still has a long-term record of strong investment return. |
 See More Real Estate Trivia > |
|
|
|
 |
|
 |
|
- NUMBER1EXPERT 
