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Mark Doring
"Committed to the Highest Level of Professionalism"
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Mark Doring answered:
Let me give you a scenario; and it may or may not apply to you but it illustrates the UNBELIEVABLE opportunities that buyers have today. I am a Realtor and mortgage broker in Palm Beach County so I can promise you that these scenarios are real and do happen.
Buyers purchase a short sale....Price $185,000.00 home is a 1600 square foot 3/2 in a gated community. Sellers bank who is working the short sale is willing to pay 6% or $11,100.00 towards the buyer's closing costs. Buyer also qualifies for the $8,000.00 tax credit which can now be made available at the closing table for down payment or closing costs.
The buyers use FHA financing which only requires 3.5% down payment or in this case $6475.00. The $8,000.00 tax credit covers the down payment, and the $11,100.00 covers all of the closing costs. The buyers are able to come to the closing table with NOTHING, thats right NOT ONE PENNY. In fact, the title office will have to cut them a check for the $1,525.00 balance from their tax credit!
Deals like this are out there TODAY! If you would like an experienced real estate professional who knows how to get deals like this done. Call me at 561-929-0428 or email me at buyyourFLhome.com. I look forward to working with you to help you take full advantage of this unprecedented buyers market.
Mark Doring
561-929-0428
West Real Estate, Inc.
Bayburg Financial
Buyers purchase a short sale....Price $185,000.00 home is a 1600 square foot 3/2 in a gated community. Sellers bank who is working the short sale is willing to pay 6% or $11,100.00 towards the buyer's closing costs. Buyer also qualifies for the $8,000.00 tax credit which can now be made available at the closing table for down payment or closing costs.
The buyers use FHA financing which only requires 3.5% down payment or in this case $6475.00. The $8,000.00 tax credit covers the down payment, and the $11,100.00 covers all of the closing costs. The buyers are able to come to the closing table with NOTHING, thats right NOT ONE PENNY. In fact, the title office will have to cut them a check for the $1,525.00 balance from their tax credit!
Deals like this are out there TODAY! If you would like an experienced real estate professional who knows how to get deals like this done. Call me at 561-929-0428 or email me at buyyourFLhome.com. I look forward to working with you to help you take full advantage of this unprecedented buyers market.
Mark Doring
561-929-0428
West Real Estate, Inc.
Bayburg Financial
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