Monday, April 1, 2013

Seller Paid Closing Costs Help Homeowners Yield Top Dollar



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When you’re selling your home, there is one thing that matters and usually it’s just that one thing; your financial bottom-line. And in today’s marketplace, we are seeing a lot of sellers begin to have the upper hand with fewer and fewer homes available for sale compared to the high demand for homes.

Many sellers are thrown off by buyers’ requests to assist in their closing costs – because it may seem the buyer is well qualified in every way yet sellers don’t understand why they need help. Often, buyers are able to shoulder a mortgage but may lack the cash needed to close on the transaction. In other cases, it’s simply a negotiating tactic.

The important thing to keep in mind as a seller is how the final net proceeds look. When buyers that may not have enough cash on hand present an offer requesting sellers’ help toward points, pre-paids or closing costs – many times they are conversely able to offer more on the home.
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If you would to see some scenarios on paper to see how this would pan out on the sale of your home, contact us today. We’d be glad to show you how it won’t affect your bottom-line.



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