Posted by Paul Macdonald on November 09, 1998 at 08:30:15:
Cut out the idiot realtor from the middle! If your appraisal allows the pumped up price go for the full 9K!
Anytime a buyer uses this type of contribution he/she is still paying it right? Instead of taking it out of your pocket you’ve tacked it onto the backend of your loan. Still your money, still your bill.
Only difference is you don’t come up with the cash, and you get to write off the interest… Sweet!
Down with realtors, up with smart purchases!