Asked by FSBOsuccess, 28590 • Tue Apr 6, 2010
I have a buyer who wants to purchase my home at $112,900 and only wants to bring $4000 to the table (most of which would get eaten up by 3.5% downpayment requirement). I am offering $2000 closing costs. Given today's rates at about 5.25%, can anyone give me a very rough idea of what closing costs for them would look like? I can possibly throw in another $1000, but don't want to give the house away either.
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