Asked by Jaba, New York, NY • Fri Jul 30, 2010
Why does a seller care whether the buyer puts down 20% or 3.5%? Isn't this a buyer-lender issue? The seller could care less because they're getting their money either way, correct?
I have a seller that required to know how much I was putting down in the offer sheet. This percentage down was written into the contract, however I'd prefer to have all my options open. What does the seller care if I put 3.5, 10, or 20% down? How does it impact them?
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