Home Buying in Seattle>Question Details

Trips2go, Home Buyer in Poulsbo, WA

writing a VA contract for first time?

Asked by Trips2go, Poulsbo, WA Wed Apr 10, 2013

, how to determine what loan cost provision amount should read(statement that will have seller responsible for closing amount),is it best to increase selling price to make up for this difference?

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I would agree with Dan. Assuming you're an agent, talk to your managing broker about your issue. Assuming you're a buyer, I would contact an agent to write up the contract for you.
0 votes Thank Flag Link Thu Apr 11, 2013
Are you an agent? Do you have a managing Broker?
VA is a 0 down financing option available to qualified Veterans. The buyer or the seller can pay closing costs, but to the seller it's equal to a discount.
The seller will also be required to repair anything that the appraiser deems a health or safety issue for the financing to be completed.
While I don't mind being helpful, there is more then I can explain here and a conversation with an experienced agent or the managing broker should happen before you submit this offer.
0 votes Thank Flag Link Wed Apr 10, 2013
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