1. What percent less than the asking price should you offer, and what's the best technique to negociate? (ie: offer less due to having to furnish the house, or buy appliances, etc?)
2. When you get a home loan, can you pay for interest plus pay toward principle if you overpay?
3. What's the best way to calculate monthly payment? (I'm looking at $160,000 home, with 6% interest rate, and $3600 in property taxes.....what would I be paying monthly to pay for all these things together?
4. How do you get your closing costs paid for? I hear all the time as part of the deal they pay your closing costs, how do you do that?
5. When you first take out a loan, how much is the closing cost?
6. Is 10% down a good amount? or am I better off putting less down and having more money in the bank?
Thanks for your help!!