5 Best Ways To Close Foreclosure Deals

3. Manipulating the Offer –

When you make an offer to the bank, you will have a purchase price, earnest money, and “seller paid closing costs”. There is a way to make the offer look more appealing, while bringing down the total price on your end. If you really want the home, put down a high amount of earnest money, and do 1-2% seller paid closing cost. This reduces the total amount out of your pocket, and on paper your offer looks higher to the bank.

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