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<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>Trulia Voices: Is it possible to get closing costs paid for when buying a foreclosure?</title><link>http://www.trulia.com/voices/Home_Buying/Is_it_possible_to_get_closing_costs_paid_for_when_-137777</link><description></description><language>en-us</language><item><title>Answer by Cheri St. Pierre</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-Rapid_City_SD-775306/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-Rapid_City_SD-775306/</guid><description>When working with a foreclosure purchase you are working with the banks or investors that currently own the home.  You can have your Real Estate agent write a request for the seller to pay closing costs. Depending on the amount of the offer, the closing time frame, etc... the bank may say yes they will pay the closing costs. They might counter at a higher purchase price or they will say no and counter without the closing costs. Every bank or investor is different. But It certainly doesn't hurt to try.  Good luck.</description><pubDate>Mon, 02 Nov 2009 13:05:10 -0800</pubDate></item><item><title>Answer by Lee Alley</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-57702-830209/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-57702-830209/</guid><description>Hi, "Imaj79"  I am a Black Hills realtor based in Rapid City near you.  &#13;
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To the point of your question, in a word, "no"...generally.  &#13;
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One reason for that here in the Black Hills is that we are blessed with so very few, relatively, foreclosures to go around.  There are so many people thinking (without experience) "help me find one of those great foreclosure deals."   I believe demand for these "smokin deals" is so high that foreclosure-specifici shopping can take a long time and depend a lot on luck.  Here is some more background on our meager foreclosure market in the Black Hills:  &#13;
http://www.blackhillsmarketwatch.com/2009/08/were-lowest-in-nation-in-mortgage.html&#13;
http://www.blackhillsmarketwatch.com/2009/03/looking-for-black-hills-foreclosures_07.html&#13;
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-Lee Alley&#13;
Rapid City, SD&#13;
www.HillsWatch.com</description><pubDate>Tue, 25 Aug 2009 20:55:42 -0700</pubDate></item><item><title>Answer by Bob McClure- Mortgage Origination</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-48170-308929/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-48170-308929/</guid><description>good morning..........yes.you can always ask...be sure your mtg rep informs you with what the correct amount of the allowable concessions is..typically a percent of the sales price.........typically sellers will counter your offer either lowering the concessions or raising the price or both...i suggest to my buyers, that when the counter comes back, to let me know what it states..if the client is working within a certain budget.....we then know how much to raise our offer price with our counter...to best utilize the allowable concession needed to close..i hope that helps...bob mcclure- success mortgage partners- plymouth, michigan......</description><pubDate>Wed, 17 Jun 2009 07:54:00 -0700</pubDate></item></channel></rss>
