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For How Much Seller's Assist Can I Ask?

5/16/2018

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For How Much Seller's Assist Can I Ask?

Seller's assistance is often requested as a percentage of the purchase price.  The amount of the seller assist is dependent on a few factors: your Loan Program, Down Payment and whether it is your Primary Residence.  In our case we are speaking about purchasing a primary residence, not a second home or investment.

-For FHA, a seller can contribute up to 6% of the sales price in most instances

-For Conventional loans, it depends on the amount of down payment; with less than 10% down, a seller can contribute up to 3% of the sales price toward closing costs.  With 10+% down, a seller can contribute up to 6%, and with 25%+ down payment, a seller can contribute up to 9%

-VA loans allow up to 4% seller's assist

-USDA loans buyers can also finance closing costs up to 100%

For How Much Seller's Assist Can I Ask?

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Christina & Carol Swain

Top Producing Realtors Serving PA & NJ
Keller Williams Real Estate
584 Middletown Blvd., A50 Langhorne, Pa 19047
(215) 757-7257
TheSwainTeam@gmail.com


  • Home
    • About >
      • Meet The Team
      • Testimonials
      • Mission Statement
      • Zillow Reviews
  • Coming Soon
    • Success Stories
  • Video Vault
  • Buyers
    • Search Homes
    • Wish List
    • Affordability Calculator
    • 8 Steps to Buying Your Home
    • 8 Questions to Ask Your Realtor
    • New Construction
    • A Realtor's Role
    • Satisfaction Guarantee
    • App
    • 55+ Homes
  • Sellers
    • Guarantees
    • Move Prep Advisors
    • Home Selling Seminars >
      • Seminar Reviews
    • Marketing Plan
    • Services Offered
    • Increase Your Home's Appeal
    • Your Home's Value
    • Ceritified Pre-Owned Home
    • Home Salability Assessment
    • Questions to ask your Realtor
    • Sell Inherited Home
  • Contact
  • Blog
  • Featured Homes