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re: Let's talk closing costs for home buyers

Posted on 3/20/16 at 3:57 pm to
Posted by dualed
Member since Sep 2010
4705 posts
Posted on 3/20/16 at 3:57 pm to
quote:

We bought a house paying all the cost, but the seller offset their half by dropping the price


I wouldn't mind this.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/20/16 at 4:01 pm to
You are financing your closing costs, if you don't pay it outright. Lots of arguments against that, but it may make sense if you need to do renovations that will increase the value.

Gives you the financial buffer to make repairs and upgrades, but finances money for 30 years.
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