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Seller's concessions are costs that are paid by the seller. If the seller is a bank, you can certainly ask for seller concessions, but you may not get the answer you want. If the seller is not a bank, whether or not there are seller concessions in a contract depends on whetehr or not you negotiate them with the seller. It is important to note that banks and lenders may limit the amoutn of seller concessions allowed on certains loan types.
Source: I'm a loan officer.
What else can I help you with?
What is the process for obtaining a bank pre-approval for a mortgage?
To obtain a bank pre-approval for a mortgage, you typically need to provide financial documents such as income statements, tax returns, and credit history to the bank. The bank will review your information and determine how much they are willing to lend you for a mortgage. This pre-approval letter can help you when house hunting as it shows sellers that you are a serious buyer with financing in place.
Seller consession with a fha loan?
Sellers or other third parties such as real estate agents, builders, developers, etc., or combination of parties can contribute up to 6% of the property's sale price towards the buyers actual closing costs, prepaid expenses, discount points and other customary concessions. These concessions do not count towards the statutory 3.5% down payment requirement.
How does a bank help us in your daily life?
a bank can help us draw money when ever we are in need...
How does a bank help us in our life?
Bank help us in our daily life by following reason for the safety of money
What is the Bank employee who help customers deposit or withdraw money?
The person at the window of the bank is called the bank teller.
How is the money transferred from a sellers PayPal account to the sellers bank account?
To transfer funds from PayPal to a bank account, the user has to log into PayPal and transfer the money manually.
Why did lobengula signed all the treaties and concessions he did?
because he was willing to help his country
Do concession stands have to have business licenses?
Generally, yes. You also have to have a business bank account for tax purposes. Once your business is established, you can write off most or all of your supplies and equipment. For more information about business licenses: [url=http://www.businesslicenses.com]Business Licenses[/url] For more information about concessions equipment / supplies: [url=http://www.missionrs.com/mm5/merchant.mvc?Search-Result=concessions]Concessions Equipment & Supplies[/url] For more information about business bank accounts: [url=http://homebusiness.about.com/od/getstarted/a/business_bank.htm]Business Bank Accounts[/url]
What is Hochtief Concessions's population?
The population of Hochtief Concessions is 12.
What is paisa pay?
Paisa Pay is EBays online payment service, where buyers can pay sellers through credit card or bank transfer. Paisa Pay is EBays online payment service, where buyers can pay sellers through credit card or bank transfer.
What is the process for obtaining a bank pre-approval for a mortgage?
To obtain a bank pre-approval for a mortgage, you typically need to provide financial documents such as income statements, tax returns, and credit history to the bank. The bank will review your information and determine how much they are willing to lend you for a mortgage. This pre-approval letter can help you when house hunting as it shows sellers that you are a serious buyer with financing in place.
When was Hochtief Concessions created?
Hochtief Concessions was created on 2008-06-15.
How are the prices of movie theater concessions determined?
Movie Theater Concessions are determined by how good of a movie is playing if they can make more from the concessions or from the tickets. If the movie is bad the concessions will go up. If it is a GREAT movie they will have deals at the concession.
Seller consession with a fha loan?
Sellers or other third parties such as real estate agents, builders, developers, etc., or combination of parties can contribute up to 6% of the property's sale price towards the buyers actual closing costs, prepaid expenses, discount points and other customary concessions. These concessions do not count towards the statutory 3.5% down payment requirement.
What does concessions mean in prices?
Concessions are the food you buy in a movie theater, arena, stadium etc.
What day is stokesly car boot sale on?
It is listed as all bank holidays starting at 8 am for buyers, 7 am for sellers.
In Florida are sellers of a home responsible for deficiency judgments?
If the sellers sold the home for as much as they owed on the loan, there is no possibility for a deficiency judgment, since there is no deficiency. If the sale was through a short sale where the bank took less than it was owed but allowed the homeowners to sell and walk away, the bank would have to sue for the deficiency judgment.
