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  • Why Buyers Choose Lisa Herrington & Associates - Why homebuyers looking for a real estate agent in the Anchorage, Eagle River and Girdwood area choose Lisa Herrington & Associates.

  • Latest Listings - Get Lisa Herrington & Associates' latest Anchorage, Eagle River and Girdwood listings of homes for sale first!

  • Find Your Perfect Home - Lisa Herrington & Associates will search for your ideal home and email you the newest Anchorage, Eagle River and Girdwood MLS listings of properties in Anchorage County AK.

  • First Time Homebuyers - Are you a first time homebuyer in Anchorage, Eagle River and Girdwood, AK? Choose a top real estate agent. Lisa Herrington & Associates can guide your home buying search.

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  • Go to Main Sitemap - Main sitemap sections include Find Anchorage, Eagle River and Girdwood Homes, For Home Buyers, For Home Sellers, Anchorage, Eagle River and Girdwood Information, Real Estate Resources, and About Lisa Herrington & Associates.

 

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School Reports in Anchorage, Eagle River and Girdwood, Alaska
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Real Estate Tips
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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Lisa Herrington & Associates, REALTOR®, real estate agent and broker for Anchorage, Eagle River and Girdwood, Alaska home listings, property and land for sale - NUMBER1EXPERT(tm)

Lisa Herrington & Associates
Dynamic Properties

255 E. Fireweed, Suite 102
Anchorage, AK. 99503
Phone: 907 646-0525
Cell: 907 229-6822
Fax: 907 279-8234
Email: lisaherrington@NUMBER1EXPERT.com

Lisa Herrington has more than 25 years of experience as a licensed Realtor in Anchorage, Alaska. She knows the challenges newcomers face when moving to Alaska’s biggest city, from choosing the right neighborhood to making new friends, and she has helped hundreds of families relocate to Anchorage.

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Dynamic Properties real estate and homes for sale in Anchorage, Eagle River and Girdwood Alaska

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