Instead of opting to reduce the price, seller contribution involves the home seller financially helping with the borrower's settlement costs or down payment.
Related information about seller contribution:
- Seller Contribution-What is it exactly? (3%, agent, commission ...
Dec 20, 2007 ... I recently received an offer from a buyer on my townhouse. He offered our asking price but requires a seller's contribution. I'm not familiar with.
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FHA loans have some of the least stringent credit score and debt ratio requirements while still offering borrowers a market interest rate on the home loan.
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Due to the housing market corrections that began in 2007, the Federal Housing Administration (FHA) changed the rules on the longstanding practice of ...
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- 04/08/11 - Maximum Seller Contribution Chart
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