Video Transcript:
Your down payment is ready, but a surprise cost is waiting for you. It is called closing costs, making it tough for many people to buy. I am David Ghazaryan, and my job is to solve this money puzzle. I build plans that use seller credits to help you pay for these costs. There are rules for how much help a seller can give you. For some loans, the limit is three percent, while for others it is six percent. (Data may vary over time) A smart move is to offer more money for the house price. The seller can then give that extra money back to you to pay those fees. But there is one big risk with this plan you must watch for. The house must be worth the new, higher price, or the deal can fail. This is how we structure a winning offer with control and without surprises. The full article and my social platforms are linked below in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/get-seller-credits-for-closing-costs-in-tampa-florida
