Have you ever wondered what the term “Seller’s Assist” actually means? Rich had this question this week!

Sometimes, it can be a confusing concept - not only for buyers and sellers - but for some Real Estate Agents in our Pittsburgh market as well!

Contrary to the name - Seller's Assist is NOT the seller handing over a pile of cash to the buyer...Seller’s Assist is allowing the buyer to roll some of their closing costs into their mortgage. Why would people do this? There are many reasons! Number one - they may be cash poor and want to hang onto their cash to buy furniture or do renovations to the house upon move in!

If you have more questions about seller's assist and how it factors into your strategy when buying or selling real estate - give us a call!

Even if you're not in the Pittsburgh market to buy or sell - we are always here to help!

Rich Dallas

The Dallas-Fincham Team, Berkshire Hathaway HomeServices

412-965-6387

Rich@DallasFinchamTeam.com