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For Home Sellers:
Why Sellers Choose Dawn Impastato - Why home sellers in Slidell, New Orleans and Lakeshore choose Dawn Impastato. Free Presentation - Free in-home listings presentation on marketing your Slidell, New Orleans and Lakeshore, in St. Tammany Parish County Louisiana property. Property Valuation - How much is your Slidell, New Orleans and Lakeshore home worth? What Did That Home Sell For? - What did that Slidell, New Orleans and Lakeshore, Louisiana property or other real estate sell for? FSBO - Selling your Slidell, New Orleans and Lakeshore real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Slidell, New Orleans and Lakeshore Homes, For Home Buyers, For Home Sellers, Slidell, New Orleans and Lakeshore Information, Real Estate Resources, and About Dawn Impastato.
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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 price range is considered upscale or high-end in residential real estate?
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| A |
The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales. |
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Dawn Impastato
Coldwell Banker TEC Realtors
1501 Gause Boulevard Suite 1
Slidell, LA 70458
Mobile: 985-502-6600
Office: 985-649-6300
Fax: 985-641-6405
Dawn.Impastato@cbtec.com
Navigating the right course in real estate can be treacherous. Let a proven professional chart the right course for you. As an associate broker with over 19 years experience I know how to help you achieve your real estate goal.   
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