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Posted by Jeanine Whitehead on October 12, 2011 at 10:12am in Short Sale Discussions

Does anyone know how much Freddie will allow a Buyer to request in closing help on their shorts?

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Kimberley Kelly October 13, 2011 at 2:20am

I've seen them ask for up to 6%, but I'm with Jeff..don't be greedy..keep it at 3%.
Bryant Tutas October 12, 2011 at 12:25pm

Keep it at 3% or less and you should be OK.
- Jeff Payne > Bryant Tutas October 13, 2011 at 1:22am
  
  Cant really imagine or have not seen closing costs higher than 3% UNLESS is it a very low priced property and prepaid insurance is very high.

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