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Welcome! Here You Can Find Great Information on Destin, Seagrove Beach, and the Beaches of South Walton Real Estate
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We don't sell homes… We help people realize their dreams. The joy and challenge of our job is that no two transactions are alike. The variety of circumstances is as varied as the people themselves. Our no-nonsense style involves developing trust, rapport and open communication with you…We'll gather information, formulate a plan of action, and set out to accomplish our goal of a successfully closed real estate transaction. We'll keep our sense of humor, we'll work our way through the transaction one step at a time, and we'll try to have a little fun along the way. - Willee Skibbe's Team Paradise |
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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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| Q |
What group of settlers introduced the log cabin to the New World?
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| A |
The Swedish settlers of Delaware brought their own timber for building log cabins, a style that originated in Finland. |
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