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Buying my first home. Fill me in home owners.

Update: The seller (bank) accepted my offer of 185,000, but with some modifications. The seller agreed to pay the closing costs (3%); I will pay 50% of escrow fee ($500);

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Old 01-23-2011, 09:56 PM   #1 (permalink)
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Update: The seller (bank) accepted my offer of 185,000, but with some modifications. The seller agreed to pay the closing costs (3%); I will pay 50% of escrow fee ($500); seller will provide a 2 year warranty worth about $1100. How did I do. I'm pretty happy. The asking price for the house was 217,000.
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