Asked by Jason, 30097 • Sat Aug 23, 2008
I have a person who wants to buy my house, but they are unwilling to come up to my price due to the expected mortgage payment (though they do qualify for the high loan amount). I was thinking of offering to pay the first year or two of PMI or property taxes as an incentive, if possible. I'm not sure if this is allowed though...any thoughts? The person was approved for a FHA loan, so this may have some impact as well.
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