Real Estate

When Buying a Home Can I Request the Seller Contibute To Closing Costs?

Thu Mar 19, 2009 11:10 am
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When writing a real estate purchase agreement/sales contract most anything can be negotiated. The issue is will the seller agree to contributing towards closing costs? If a buyer is well qualified and can secure a mortgage from a lender then a seller may find it in their best interests to contribute some cash towards the buyers closing costs.

If this is what makes the deal work then it is likely that through some careful and friendly back and forth negotiation all the parties will be pleased. This financial contribution/arrangement will get the buyer a home and the seller out from under a mortgage they may no longer want.

Buyers should consult with their Realtor, lender and attorney before initiating this sort of request.

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