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Thursday, July 19, 2012

Buyer Expectations….buyers back in grandpa's day had different expectations!

I read an article this morning about a particular home seller’s response to a request to pay buyer’s closing cost.

I have not seen very many requests for the seller to pay closing costs lately but I am sure it can still come into the home buying picture.  (And if does not hurt to ask either.)

There are not a lot of zero down payment home loan programs out there but there are still some like the VA loan program, Department of Agriculture's Rural Development mortgage guarantee program and a few others.

In the current market sellers should not rule out a request for closing cost assistance. 

As long as the offered price is adequate (reasonable, that is), why not help a home buyer if you can?

The reality is buyers back in grandpa's day had different expectations of buyers (like 20% down payments and the like!).

The Brevard County, Florida housing market is not the same as a generation ago - or even five years ago!

Buying or selling a home in Viera or Rockledge, Florida?  Call me at 321-693-3850 if I can assist in any way!

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