re: Let's talk closing costs for home buyers

As others have said, the main reason for seller paid closing costs is because they are $3-5000 for a "starter" home. Someone with 5-10% down on a $150,000 house is looking to need up to 50% more money to buy just to cover closing costs. So the option is to save $10,000 and find someone that will cover closing costs or wait 1 more year to buy and save $5000 more.

To a half brained seller, its all semantics.

a.) Sell house for $155,000 with $5,000 closing costs
b.) Sell house for $150,000 with no closing costs

I'm sure there are idiots that sell the house for $150,000 with $5000 closing costs though .