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Best Answer: It depends on the entire offer. If you want to low ball on the price, then ask for closing costs, no, the builder is not going to pay closing costs. Closing costs are on average about 3% of the sales price. first, ibu guru again has no idea about the real world. Will the builder pay closing. ASK.
Nonrecurring closing costs are paid on a one-time-only basis at closing, like payments for title insurance and loan origination fees. Lenders usually won't permit credits for the buyers' recurring costs, such as mortgage interest and hazard insurance. There are some lenders, however, who will allow credits for all closing costs. A credit from the seller to pay for the buyers' nonrecurring closing costs can't exceed the actual amount of those costs. The lender might allow a credit of up to $6,000, but if the buyers' costs only total $5,000, the maximum the sellers can credit is $5,000.