Updated 5/2015. 1  Disaster relief volunteer work with the Red Cross. 2  Sometimes seeing the world just is not enough. 3  There is a gnawing need inside, a pull to do more, to have an impact, to make a difference.  Sometimes, it is hard to sit by and just watch the earthquakes, floods, famine and war unfurl on the news.
As a consequence, wise sellers sometimes give the disclosure statement to the buyer even before the deal is made! As soon as an interested buyer is found, the seller presents the disclosures (of course getting the buyer to sign when they were received).
Until October 1, 2008, home sellers could essentially contribute an FHA buyerâs down payment by making a contribution to a nonprofit, which in turn would provide a down payment grant to the buyer. While that practice is now prohibited, FHA rules do allow sellers to give up to 6 percent of the homeâs purchase price for closing costs. âThe thing to remember is that they can give up to 6 percent, but if closing costs only total 4 percent, thatâs as much as a seller can give,â says Don Frommeyer, board member of the National Association of Mortgage Brokers. Sellers: Prepare to pay