FYI is based on your lender approval what seller can or can not pay. Best speak direct with your mortgage broker where your agent can determine how to structure sales offer.

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Lynn911

Having been a real estate paralegal and now an agent myself, I've seen many things. You can certainly ask for anything you want. At least it will open up the lines of negotiation. Good Luck! I am an local here in East Lyme/Niantic. If I can help, please feel free to contact me. Michelle L. Mayo, Prudential CT Realty (860)514-9533 or feel free to visit my website http://michellemayo.prudentialct.com.

The rule of thumb is to ask 3-6% seller paid closing costs, but that is up to the seller and the agent who represents them. If it is explained appropriately it shouldn't be a problem. Sellers always look at the bottom line not on the offer. For example if the house is 300k with seller paying 3% closing costs for you that would compute to a 291k offer. Make sure your offer is a good one when asking for closing costs. This makes it easier for the seller to say yes. It is typical to ask for closing cost assistance if yu are going CHFA, VA, or FHA financing,

You will never know unless you ask...we agree that this approach would be best presented by requesting a specified amount for the closing expenses to be paid by the seller.

Important to understand is this may deminish your chances of being successful and precipitate the seller to negotiate something else out of the agreement. ie, repair limits, home warranty, etc.

Best wishes,
The Eckler Team

No, but probably a wise idea to put a specific dollar amount, like "seller to pay up to $8,000 towards buyers closing costs including prepaid items". That is common verbage.