How Seller Concessions Can Help with Closing Costs
How the seller's concessions can help with closure costs.
Anyone who has bought a home in New York knows that closing costs can really accumulate at the time an agreement is reached. This fee covers the cost of obtaining the mortgage and typically ranges from 2% to 5% of the home price. In some instances, you may be able to charge the vendor for a portion of these closing costs through concessions from the vendor. Before closing your mortgage, find out how to use the seller's concessions to reduce closing costs.
Read this article to learn the simple system.
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