Va loan and closing cost: Can seller pay them for you? How?

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Ok,

My husband and I are in the works on trying to buy our first home-

We will be using a VA loan- first time using it.

The closing cost is one of our biggest problems as they can sum up quickly- we would like to know how we can avoid the closing cost and not have to pay them- by possibly having the seller paying...?

Any help would be appreciated...

Va loan and closing cost: Can seller pay them for you? How?

Definitely write it into the offer that you want the seller to pay all closing costs. It's a buyer's market out there and the ball is in YOUR court!

Va loan and closing cost: Can seller pay them for you? How?

I think there are some restrictions involved with what the sellor can and can't pay when dealing with VA loans. If you are working with a realitor, I would talk it over with them. If no realitor is involved, then check directly with the owner.

These things usually can be worked out in your favor as long as you have all arrangements made before the "closing". I am not certain of this, but I think the seller can absorb up to 3

%. Please check this with your realtor, I think it is all going to be okay as long as the property appraisal comes back with an adequate value.

Va loan and closing cost: Can seller pay them for you? How?

Here are many first time home buyers programs available. You may start by calling the city Housing Office in your city or the county housing office<!--in the county in which you reside.If these offices don't have the programs you are seeking they will be able to tell you what agency in their jurisdiction has them.


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