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This Week In South Brunswick, Lawrenceville And Princeton Just click the Listings Player on the right to find out what’s happened in the local market this week. I update it every Tuesday. Ask me any question. List price to sales price ratio? This year to last year? What’s new? What’s sold? I promise to get back to you quickly. Request my Free South Brunswick, Lawrenceville and Princeton Relocation Package. It's packed full of useful and important information about the South Brunswick, Lawrenceville and Princeton, New Jersey area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Which neighborhoods offer the best values? It's my job to help! Ask me any question, or request my FREE relocation package of information on South Brunswick, Lawrenceville and Princeton. There's no obligation, and I promise to respond quickly... 
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First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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| Q |
What home product makes lawn mowing easier than ever?
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| A |
The Robomow, a robot lawn mower manufactured in the UK by Friendly Machines, can cut 6,000 square yards of lawn all by itself. |
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