Home sale commission financing would benefit all

Perspective: Savvy lender should step up to buy-side opportunity

The time has come for mortgage companies to rethink their prohibitions against home buyers being able to finance the buy-side of the real estate brokerage sales commission as part of the home-buying transaction.

Bans against such financing exist because the realty commission is not part of the asset value of the property and is not a contractual obligation of the buyer, and thus, in theory, shouldn't be included in the buyer's financing.

more...

To continue reading sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95