Cryptocurrency Q&A What is the most seller can pay in closing costs?

What is the most seller can pay in closing costs?

Pietro Pietro Fri Oct 11 2024 | 7 answers 1245
I'm wondering about the maximum amount a seller can contribute towards closing costs when selling a property. I need to know the highest possible amount they are allowed to pay. What is the most seller can pay in closing costs?

7 answers

ShadowFox ShadowFox Sun Oct 13 2024
When engaging in real estate transactions, the down payment amount significantly impacts the percentage of seller contributions towards closing costs.

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Davide Davide Sat Oct 12 2024
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Silvia Silvia Sat Oct 12 2024
For purchases where the down payment exceeds 10% of the sales price, sellers may contribute up to 6.0% towards these expenses.

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Giuseppe Giuseppe Sat Oct 12 2024
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Rosalia Rosalia Sat Oct 12 2024
However, if the down payment surpasses 25% of the sales price, the maximum contribution by sellers increases to 9.0%, offering a more favorable financial arrangement for buyers.

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