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Buying You Las Vegas Home Las Vegas Home Purchase Costs and Financial Incentives |
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Las Vegas Home Purchase Costs and Financial Incentives |
You may ask the sellers to pay all or a portion of you closing costs in your "Offer to Purchase", or that they provide some other financial incentive. You might ask that the sellers provide funds to temporarily buy down your interest rate for the first year or two. This particular request can be especially helpful if a buyer is tight on cash or pushing mortgage qualifying ratio limits.
Just know that sellers are less willing to negotiate on price if you are asking for incentives - you are essentially asking the seller to give you some money to help you buy their house. The result is that for a little relief initially, you are willing to pay a little more for the long term. Sometimes if this is the only way you can get a home, it may be worth it. |
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