http://www.trulia.com/voices/Home_Buying/who_usually_pays_the_closing_costs_-120379en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-Lubbock_TX-199978/http://www.trulia.com/voices/profile/Real_Estate_Pro-Lubbock_TX-199978/Both Lynn and Tom are correct. What I like to tell my buyers is that everything except your name and the address of the property is negotiable. Tom made a great point in talking about possibly getting the home at a lower price if you paid your own closing costs. Just remember the more help you need from a seller the less likely they are to negotiate on the price. Whether or not you ask a seller to pay your closing costs is a personal decision. You need to figure out what is more important, your cost to get into a home, or your monthly payment. All buyers say that both is important but one will give way to the other. Please feel free to call or email if you would like to discuss what would benefit you.Wed, 06 May 2009 07:32:05 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Dallas_TX-307330/http://www.trulia.com/voices/profile/Real_Estate_Pro-Dallas_TX-307330/As Lynn stated... both buyer/seller have costs. Sellers can pay a portion of yours..... But if you request that they pay some of them during negotiations.... then they will keep that in mind when they settle on a final contracted price to sell their home to you. Bottom line... if they pay some of the costs, it will be figured into the price of the home and you will be financing those costs over the term of the loan since you could have 'likely' purchased the home cheaper if you didn't ask them to pay costs. There are limits to how much they can pay. Your lender will be your guide!!Tue, 05 May 2009 19:54:10 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Dallas_TX-123371/http://www.trulia.com/voices/profile/Real_Estate_Pro-Dallas_TX-123371/GREAT QUESTION: Both buyer and seller have closing costs . In some instances IF YOUR LENDER APPROVES seller can pay for your certain $,$$$ to 100% of your closing cost. Any home up to $500K average costs are approx. $5K National Featured Realtor and Consultant, Mortgage Loan Officer, Lecturer regarding Credit Repair Lynn911Tue, 05 May 2009 19:43:25 -0700