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Top 10 Uses for Cash At Closing

Our buyers typically spend the cash we shared with them at closing on the following things:

  1. Buyers' closing costs and/or pre-paids.

  2. Moving expenses.

  3. Window treatments.

  4. Repairs.

  5. New furniture, appliances and/or electronics.

  6. Builder's upgrades.

  7. First mortgage payment.

  8. Bills.

  9. Vacation.

  10. All sorts of things!

The cash you get at closing may be used for anything you want! Some lenders and/or lending programs, however will only allow the cash you get at closing to be applied towards closing costs and/or pre-paids, not to include lender's unallowables.

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Updated: August 05, 2006