Keller Williams- Central Oklahoma
Let me know if I can be of service. I work with FHA buyers all the time, and the majority of the time, their closing costs are paid by the seller either in part or entirely.
Leah Brown, Realtor
Prudential Alliance Realty
If you make an offer below listed price AND ask for 6% closing costs, the net result to the seller would be nearly the same as making that offer less 6%--for example listed price is 101,000 you offer 100,000 and 6% closing costs. The seller will receive about the same or within $500 of what they would receive if you made a 94,000 offer.
Good question. Good luck with your home search!
Depending on the total cost of your home closing cost will range between $4000.00 and $5000.00 however in most cases the seller can and will pay all of your closing cost for you. I can negotiate this on your behalf if you do not have a realtor:
If you do not please contact me and I will go to work on this immediately:
405 413 0791
I hope this helps.
5k, seller concession for buyer's closing costs is typical, in today's market. Depending on the sales price of the home, the 5K will vary from the FHA 6% allowable.
Hope this helps,
Josh Barnett, Realtor