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Seller Paid Closing Costs Continue To Be An Advantage To Buyers
In Connecticut as in still many other parts of the country, we continue to be in a Buyers Market and as a result Seller Paid Closing Costs Continue To Be An Advantage To Buyers.  However, even though Seller Paid Closing cost tend to be mainly thought of as an advantage to Buyers,  Seller Paid Closing Costs are also an advantage to Sellers as well.
Seller Paid Closing Costs, can be a tool and an advantage for both Sellers and Buyers in several ways, but for the purpose of this blog I will stick to just a few of the main reasons.
What Are The Advantages Of Seller Paid Closing Costs For Buyers?
Buyers, especially First Time Homebuyers many times have very little money for both the Down Payment and Closing Costs.  Even those who do, will generally be left with very little or no money if they pay for both the Down Payment and the Closing Costs.  If the Buyers are First Time Homebuyers they might be able to qualify for a State Bonded Mortgage Program, like our Connecticut Housing Finance Authority (CHFA) program which will allow them to borrow the Down Payment and Closing Costs. Also if they are Veterans, ... more

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