Quote:
Originally Posted by nightcrawler
I will also specify to my realtor that we are under no circumstances paying any closing costs what so ever. You want the house, you pay for the closing costs....that is part of the cost of the house, it isn't the sellers responsibility
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I've seen this attitude before too, and I don't get it.
As a seller, do you really care whether your deal is:
a) $300,000 sale with $5,000 closing credit to buyer, or $295,000 net
b) $295,000 sale with $0 closing credit, or $295,000 net
Either way, you as seller leave the table with exactly the same cash. So why the big deal? Especially since the two deals are *not* equal to a buyer, they may well find the 300 + credit more attractive than 295 with zero, and walk if you insist on the 295 flat, even though doing so doesn't put a single extra dime in your pocket.
If what you mean is buyers agree to a $300,000 price, and then request a closing credit only *after* shaking hands on that sales price, then sure, that's different. But as a buyer, any closing credit request we've made has been part of the initial offer.
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