New homes also qualify.
Here's a link for more info. This page lists builders who work w/ Nehemiah. Individual sellers of resale homes can also choose to work w/ Nehemiah. You can search for Realtors familiar w/ the grants on this site, and find resale homes. Just because a resale home is not listed on the site does not mean that it might not be possible.
If you are financing the house with a mortgage, the seller could not legally write you a check. That would be mortgage fraud. A contribution towards your closing costs is still something that can be done but you need a good loan officer to help you. If you would like more information please give me a call. I can steer you towards a talented loan officer who can help.
Having a realtor who represents you not a builder, seller, listing agent you also have coverage for your realtor e & o insurance so if something goeesss wrong you have someone on your side. Sometimes during to save a few $1000's can cost you more than you can imagine.
So you have found the house? Are you waiting for feedback before approaching the listing agent, or have you been in talks with them already?
Regardless, the good news is there is an option that could allow you your 3% and the seller his desired price. Have you ever heard of a "buy downâ€?
This is an opportunity for a motivated seller to contribute to your loan amount and his purchase price by contributing to the cost of your loan up to 3%. If you get your loan locked at 6% for example, the first year you will pay 4%, the next year 5%, and then the third year you will hit the ceiling at 6%.
So in short, there is the best way I see you the 3% that you are looking for. This is common in Austin. Going about that without an agent is entirely up to you. It sounds like you may not see the value in seeking representation specific to your interest. I will only say that buying a home is a detailed and intricate process. In any case, we are always available at the GoodLife to answer you questions, share our knowledge, and offer you a safe and successful real estate experience.
Furthermore, if you have found the property you can visit http://www.goodlifeteam.com to receive a house value report specific to the property that you are interested in at no cost. On our home page there is a button that says, "whatâ€™s the value of your property". Simply Input the required information specific to your property of interest. The report will be mailed in less than 30 minutes and will contain, graphically and specific to the home, up to 3 months of comparables, asking vs. selling %'s, time on the market, etcâ€¦ Each graph has information to be expanded for detailed explanation of each point. All of these points can help justify your offer.
You can reach us direct, anytime at 512.406.1076. Please do not hesitate to call!
Thank you for your question VJ.
Thanks Vj, aren't realtors nice people? We help even if we aren't getting paid. We don't get paid a salary, you understand. All we are paid is our commission, at the closing table. How often do you work for free, Vj? Personally I resent you asking how to word an offer. I know how to word an offer because I do it all the time. I know how to present an offer also. It is a skill I acquired on my own time over the years. A skill I like to get paid for.