Monday, November 17, 2008

The offer that works almost 90% of the time

I would say 90% of my deals look like this and work almost 90% of the time.

Let's say we are buying a $200,000 home, and you want it pretty bad, but have no money for closing costs which usually come to 3% of the purchase price.

You offer $200,000 for the home, and you say, "Seller to pay 3% of purchase price towards buyers closing costs."

Your loan, appraisal, and closing costs come to about 3%. You roll your closing costs into the loan.

The seller really only nets $194,000 after he pays your closing costs. He still has to pay realtor fees.

The good thing about real estate in this area, is the seller pays the buyer's reps fees also.

I have ton a ton of deals like this. You get 100% financing. You can still do this in our rural areas right now, and depending on your situation, we can get you grants too to really sweeten the deal.

How bad do you want the home? This shows you want it pretty bad, and you get the seller to pay your costs so you don't have to show up to closing and write a check.

Thanks Burke Bennett
http://www.seidahohomes.com
208 589 5599
burkebennett@hotmail.com

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