Closing costs Design Seller concession 
Housing Wire
NOVEMBER 7, 2023
Not helping FHA, VA borrowers get off the sidelines Under current FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points. “But agent commissions have never been a closing cost from a buyer perspective. Grant said.
Housing Wire
JANUARY 17, 2024
1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans.
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Redfin
FEBRUARY 18, 2025
Can you roll closing costs into your mortgage? Basically, folding your closing costs into your loan means you’ll need less cash upfront at closing. Your lender can explain their specific policies, the rules around this practice, and which costs are eligible to be rolled into the mortgage.
HomeLight
FEBRUARY 16, 2024
From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Limit or eliminate seller concession requests When crafting an offer that stands out, minimizing or completely avoiding requests for seller concessions can significantly boost your chances.
HomeLight
APRIL 17, 2024
They also offer a home listing option for home sellers. They offer a quick closing process designed to suit home sellers who need a fast transaction or just don’t want to be bothered with the fuss of listing. Opendoor charges a 5% service fee and an estimated 1% for closing costs.
Redfin
MARCH 4, 2025
Home equity line of credit (HELOC) Commonly called HELOC, a home equity line of credit, allows you to withdraw funds on an as-needed basis for a designated period of time (known as a draw period). Ideally, you would have enough equity to cover commissions, any liens, and closing costs. Yes, you can have negative equity.
HomeLight
FEBRUARY 19, 2023
Something else to keep in mind, is that the sold prices you see on Zillow may include closing costs, which can inflate the selling price and make it appear as if it sold for more than it did. Or perhaps there were seller concessions that weren’t included in the price.
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