Program Cover
Is Nehemiah program to cover all the costs of closure?
Were qualified for the Nehemiah program. We have in the house and just found out to have accepted our offer of 135.000. Our agent told us today that the company title is only able to pay 3%, says We think of 1%. In my understanding of Nehemiah cover closing costs, why should we pay? Agent said the company did not like the title deal deal with Nehemiah. I am so confused.
. It is wrong for you at this time of the transaction. Your agent does not perform a great job. Her number one job is look at their interests. Did not have to remind her of this. FHA loan you get. They have 3% cash payment. You do not need this. So the seller are lending from 3% to Nehemiah, that money is then saved back to you as a pledge. So Ne only cares about 3%. You also need money to cover the first mortgage payment, 1 fire insurance years, 1 / 2 property tax year. That money is coming from the seller to you, but only when I got the seller to agree to do so. The company pays the title's of his own pocket. They receive money from the seller and the you. You needed to ask the seller to pay the money for you, if you do not have money. Which should be done agent. I know what you have. Why did not your agent know that too.
Viking - TUOC - Program 7 (1 of 3)
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