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On a short sale who usually pays closing costs?
Also do they usually go for more than the asking price?
3 réponses
- satarnag01Lv 4il y a 1 décennieRéponse favorite
closing cost are always negotiable. However, I suggest you always ask for them on a short sale.
The asking price is irrelevant. The bank will accept an offer that they feel is around their appraised value.
Source(s) : CA real estate broker specializing in short sales. http://activerain.com/blogsview/1070569/how-to-buy... - godgedLv 7il y a 1 décennie
Typically, the buyer pays them because the owner does not have the resources and the lender will want clean offers.
I do not see short sales selling for more than asking price.
Source(s) : Oregon Realtor - MadManLv 7il y a 1 décennie
The seller pays some and the buyer pays some, just as with a normal sale.
As to whether they go for more than the asking price, rarely. But it is possible. But remember, the sale is not agreed to until the bank agrees to it.