Mr. Henderson leaned back, crossing his arms. "In this market, the buyer usually handles the closing costs. That’s about three percent of the purchase price you’re asking me to cover."
A short story exploring the typical negotiations surrounding real estate closing costs. who should pay closing cost when buying a home
Elena looked at Marcus, who gave a small nod. By negotiating a credit, they wouldn't have to bring as much cash to the table, and Mr. Henderson would still walk away with his desired sale price. "Deal," Elena said, reaching for the pen. That’s about three percent of the purchase price
"I won't pay the whole five thousand," Henderson finally said, tapping his pen. "But I’ll split the and the attorney fees with you. That should free up enough of your cash to fix the wiring." Henderson would still walk away with his desired sale price
Marcus jumped in, pointing to the paperwork. "We understand that typically, buyers pay for things like , appraisal fees , and title insurance . However, since the house needs significant electrical work, we’re asking for a seller concession ."