Call Now: 303-768-8255
Echo Summit Named Fastest Growing Company by Denver Business Journal

Industry Blog

Minimizing Out-of-Pocket Closing Costs

Scott Lukes - Tuesday, November 14, 2017
Instead of offering $97,000 for a property, offer “$100,000 with $3,000 in Seller closing costs and/or prepaids.” This allows you a ‘free’ way to finance your closing costs, and not pay for closing costs with expensive post-tax dollars.

Not only will this maintain higher property values for the area, but it really makes no difference to the Seller (they get $97k regardless… likely tax free).

Echo Summit | 6535 S. Dayton St, Suite 1050 | Greenwood Village, CO 80111 | 303-768-8255
Copyright © 2017 Echo Summit Property Management. All Rights Reserved. Website built by PMW | Sitemap