If the buyer is getting an FHA loan, FHA requires the seller to pay the buyer's closing costs. So the seller does not want to pay his realtor 6% on this amount, right? So the seller's realtor says "I'll agree to my shaving my half of the lower commission, but the buyer's realtor will not shave hers."
So what?
Wednesday, May 20, 2009
A New Wrinkle in Real Estate Closings Where FHA is Involved
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