insert teeth-gnashing here

Clodfobble · 05-18-2004, 02:06 PM

On a 120K townhouse, I could handle the 12K down payment (I have about 10K in the bank, with ~7.5K in mature bonds I could cash in; I'd take a tax hit later, but the money would be there now), but an extra 3-4K in closing costs would hurt badly.

It's very plausible to negotiate into the price of the house that the seller pays all closing costs. That's what we did.

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05-18-2004, 02:06 PM	#36
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	On a 120K townhouse, I could handle the 12K down payment (I have about 10K in the bank, with ~7.5K in mature bonds I could cash in; I'd take a tax hit later, but the money would be there now), but an extra 3-4K in closing costs would hurt badly. It's very plausible to negotiate into the price of the house that the seller pays all closing costs. That's what we did.

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