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Closing Costs and Credits
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=NcGaW87Y7iU
The closing costs and credits of a real estate transaction can be a strategic negotiating tool when closing. However, these costs can get you into trouble if not properly documented. Jo Ann Koontz and Jackie Durham (Koontz Associates, PL) discuss common closing cost and credit situations you'll find yourself in when buying or selling a property. • 1:52 Negotiating closing credits after inspection: cash or loan purchases. • 6:47 What's included in closing costs? • 9:36 Unanticipated closing costs. • 13:53 What's tax-deductible out of the closing costs. • 19:35 Closing cost strategy. • 21:28 Tax deductible items summary. • 22:56 Reducing capital gains. • 24:55 Insurance and repair expenses • SPEAKERS • Koontz Associates, PL | Jo Ann Koontz and Jackie Durham • https://www.koontzassociates.com
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