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Home Buying: Will Sellers Pay for Buyers Closing Costs?


Q: How common is it for the seller to contribute to closing costs?  Is this something that we can try to include in the contract?

A: Yes, it is very common to ask for the sellers to pay your closing costs.  I would say that 50-60% of my buyers ask for seller paid costs.  Just remember that this is a slight of hand.  Most sellers have a bottom line, and you can offer $100 with no closing costs, or $105 with the seller paying $5 towards your closing.  A sellers primary concern is what they net at the end of the day.

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