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Tax Lien Investing Forum > Real Estate Investing > General Real Estate Investing > I'm buying a bank owned home, is it possible that the bank can pay closing costs
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Author Topic: I'm buying a bank owned home, is it possible that the bank can pay closing costs  (Read 335 times)
Heer_Saleti
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« on: December 07, 2008, 02:55:51 PM »
I'm in nyc. and if the buyers wants to ask the bank to pay the closing costs, should it be stated in the offer?
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oldgirlINDY
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« Reply #1 on: December 07, 2008, 06:21:12 PM »
Yes you can ask for the closing costs and yes it should be stated in the offer.  It is all negotiable.  They do not have to agree but they could very well agree to it or come back with an offer of a monetary figure to apply towards the closing costs.  For example they could offer to pay $1500. of the closing costs.
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