Who Pays the Closing Costs on New Homes?

Managing Real Estate Broker with Platinum Properties- (931)771-9070 TN Broker: 208698

Read this Post to Get the Facts on Who Pays Closing Costs in Clarksville TN

New home sales represent 20-30% of the sales in Clarksville, TN. Buyers not only get homes packed with amenities but they get a new home warranty. Though most of the closing costs in a sale belong to the buyer, the builders in Clarksville have been paying most if not all of the closing costs for buyers on new construction homes. In 2016, there were 1017 new homes sales through the MLS in the Clarksville area.

See all new homes currently on the market for sale in Clarksville. 

New homes in Clarksville TN Debbie Reynolds Real Estate Agent

If the buyer is using VA financing, the buyer may not have to invest in a downpayment. Couple this with help from the builder of 3-4% of the sales price toward closing costs and prepaid items like taxes, insurance and prepais interest and the buyer can get in with little or no upfront money.

Even on FHA and Conventional financing the builders will pay towards closing costs. Sometimes there are limitations from the lender based on loan to value ratios as to how much the seller can contribute in seller concessions. Paying closing costs and prepaid items for the buyer are considered concessions.


In the median sales price range of $160,000 to $170,000 you can expect to see these seller concessions as very customary and standard though not mandatory on the seller. As the price range goes up, the percentage of contribution goes down. In higher price ranges of over $300,000, expect to see fixed dollars amounts and percentages of sales price to be in the 2-2.5% range. Builders thinking is if the buyer can afford a $300,000 home, then surely they can pay some of their own closing costs.

Click here and start your search for a new home in Clarksville TN.

For more information on buying new homes in Clarksville TN, contact The Real Debbie Reynolds at 931-320-6730.

Posted by

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 


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Comments (11)

Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC


That is a great question and it may change from market to market.

Good luck and success.

Lou Ludwig

Apr 02, 2017 07:33 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Thisis information that Clarksville buyers want to know, Lou Ludwig.

Apr 02, 2017 07:36 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Debbie - Great information to provide buyers in your area who are looking to purchase a new home.

Apr 02, 2017 10:45 PM
Peter Mohylsky 850-517-7098
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Great information for buyer, especially first time buyer in any market.  

Apr 03, 2017 03:03 AM
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Good job informing your buyers of this information, Debbie!

Apr 03, 2017 04:03 AM
Roy Kelley
Retired - Gaithersburg, MD

This is very good information to share with prospective home buyers.

Apr 03, 2017 04:15 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Debbie, this is excellent information to provide buyers in Clarksville. Many might think they don't have enough money to purchase a home but, your post sheds light that they might not need as much as they think. Buyers should contact you to get more information about purchasing a home in Clarksville.

Apr 03, 2017 05:39 AM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great question it is good to see new construction is on the rise; some the home builder's are offering assistance to the home buyer for closing costs. Thanks for sharing I hope you have a great week ahead.

Apr 03, 2017 09:50 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Debbie - It's interesting to watch builder incentives come and go, depending on the market - there is usually always something, but it gets better as the market gets more competitive. Builders haven't had to do much here lately, as they're the answer to low resale inventory.

Apr 03, 2017 02:12 PM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Great info Debbie.  We have a large new construction market right now too.  Prices seem very affordable where you are! -Kasey

Apr 03, 2017 04:03 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Debbie.  Great information for those considering a new home purchase.

Apr 04, 2017 05:26 AM