2007-04-27 01:18:55 · 9 answers · asked by Eric P 1 in Business & Finance ➔ Renting & Real Estate
Is your question is if it's legal or possible?
It is legal to get money at closing.
In terms of possibilities, it is possible but not very likely. An example would be is if you are doing 100% financing and you get a seller's concession at closing (for example: to repair the roof) that is above your closing costs.
Did you have a specific case in mind?
2007-04-27 01:54:04 · answer #1 · answered by Real Estate Guy 2 · 0⤊ 0⤋
Yes
2007-04-27 01:26:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Depends on the state: but I've done it in AZ.(as a non-agent)
Az goes by what is written in the contract with very liberal points of view.
2007-04-27 01:28:06 · answer #3 · answered by ken 1 · 0⤊ 0⤋
Yes! Call me and I'll tell you how.
708-481-5300 ext 225
2007-04-27 05:06:35 · answer #4 · answered by OnlyMe 3 · 0⤊ 0⤋
Yes.
2007-04-27 01:24:44 · answer #5 · answered by regerugged 7 · 0⤊ 0⤋
You'll need to check with the mortgage lender involved. In most cases it is not legal.
2007-04-27 03:55:49 · answer #6 · answered by mycornerofbrickheaven 3 · 0⤊ 0⤋
I did - but it was because I'd ovepaid my deposit(s). Sometimes they overestimate the amounts that you pay before the closing, and they return it to you *at* the closing.
2007-04-27 01:25:12 · answer #7 · answered by randomobject2003 2 · 1⤊ 0⤋
yah it happens all the time depending on what figures the title company was given when the docs were drafted.
2007-04-27 02:30:30 · answer #8 · answered by bpl 5 · 0⤊ 0⤋
Yes, it certainly is possible.
2007-04-27 01:50:47 · answer #9 · answered by Tom J 3 · 0⤊ 0⤋