Ideally, this approach allows you to come out smelling like a rose, because you’ll get back the money you invested for closing costs as soon as the deal is done. However, there’s one major hurdle that could hinder you. In the event your home won’t stand for the amount of money you’re asking, you’ll have to go back to the drawing board. A bank isn’t going to lend more money than your home is worth, especially in today’s economy. However, paying closing costs in many situations can be a great way to close a deal. It can mean the difference in your possible buyer choosing to go into debt for your home rather than a home down the street. It’s just a matter of asking a fair price for an outstanding home from the very beginning. A FINAL TIP: How to Immediately Gain the Upper Hand in Any Negotiation If you ever feel you are getting “taken advantage of” in any negotiation, do this. Tell the buyer that you’re changing your mind. Yes, that’s right. You’re taking your home off the
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