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Negotiable items

You can negotiate the sale of the home up until the actual mortgage closing. Does the home price exceed the VA appraisals reasonable home value? Does the home require repairs or upgrades? Whatever the reason, as a buyer you can negotiate with your seller to find a middle ground that both parties can agree.

Closing date of your loan

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Earnest money

Funding Fee payment

Any party can pay for your funding fee (if you are not already exempt). This includes the seller and your lender. Your family could also pay with gift funds.

Seller’s Concessions

VA allows sellers to pay closing costs, discount points, and any such concessions can be up to 4% of the loan amount. (*See Seller Concessions section in Chapter 8 of the Lenders Handbook)

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