Here's The Scoop!
If the only thing preventing you from selling your home is the out-of-pocket cost for closing fees, and you can afford those costs, it would be beneficial for you to pay them. You can recoup that money by raising the price on your home by the same amount.
Buyers might not be able to come up with extra cash for closing costs, but they can often borrow more money with their loan. Many buyers don’t realize that if you pay their closing costs, you are giving up some substantial profit on your home’s sale. You should help them realize that fact in your counteroffer. When the buyer submits an offer that includes you paying the closing costs, counter by agreeing to do so, as long as they agree to the higher price you’re proposing for your home.
SHOW ME SOME NUMBERS, PLEASE!
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