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Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
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About Steve Comstock - Information about Steve Comstock of Minneapolis West Suburbs, Maple Grove, St. Michael and Albertville, Minnesota Testimonials - Read what Steve Comstock's clients are saying about the real estate marketing and services provided. Quick Response Guarantee - A quick response to your email request for more Minnesota home buying & property selling information is guaranteed by Steve Comstock. Privacy Guarantee - This Minneapolis West Suburbs, Maple Grove, St. Michael and Albertville real estate web site will respect your privacy, guaranteed by Steve Comstock. No Obligation Guarantee - Steve Comstock's real estate help by email is free & without obligation for Minneapolis West Suburbs, Maple Grove, St. Michael and Albertville home owners in Minnesota. For Real Estate Agents - Let Steve Comstock help you with your professional real estate broker and agent needs in the Minneapolis West Suburbs, Maple Grove, St. Michael and Albertville area. About NUMBER1EXPERTS - NUMBER1EXPERTS are top real estate professionals, find out more. Contact Information - How to contact Steve Comstock. Go to Main Sitemap - Main sitemap sections include Find Minneapolis West Suburbs, Maple Grove, St. Michael and Albertville Homes, For Home Buyers, For Home Sellers, Minneapolis West Suburbs, Maple Grove, St. Michael and Albertville Information, Real Estate Resources, and About Steve Comstock. 
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First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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| Q |
What Oscar-winning 1999 Best Picture about two neighboring American families was filmed in the interior of two actual homes located 12 miles apart?
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| A |
"American Beauty," starring Kevin Spacey and Annette Bening. |
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