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Updated almost 6 years ago on . Most recent reply

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Heather Schmidtknecht
  • Rental Property Investor
  • Winona, MN
90
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87
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Ask for seller to pay closing costs?

Heather Schmidtknecht
  • Rental Property Investor
  • Winona, MN
Posted

I am ready to make an offer on a house being listed for $129,500. I am looking at two different options to structure my offer (see below)... Is there a tax (or other) advantage to either offer?

Option A:

Offer $125,000 and ask seller to pay closing costs estimated at $3,500.

Option B:

Offer $121,500 and pay my own closing costs estimated at $3,500.

  • Heather Schmidtknecht
  • Most Popular Reply

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    Russell Brazil
    • Real Estate Agent
    • Washington, D.C.
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    Russell Brazil
    • Real Estate Agent
    • Washington, D.C.
    ModeratorReplied

    I always prefer to pay more and wrap some closing costs into it.

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