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16 Αυγ 2023 · Seller concessions are items the seller agrees to pay for on behalf of the buyer at closing. Common examples include a seller agreeing to cover part of a buyer’s closing costs, paying for a home warranty or offering to cover the cost of needed repairs uncovered during the home inspection.
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31 Οκτ 2023 · Seller concessions, which are also called seller assist or seller contributions, are the costs a seller agrees to pay to help the buyer when closing on the home. It's essentially a gift that a seller can offer to reduce the amount future homeowners have to pay out of pocket.
Closing Costs: In this scenario, the seller agrees to cover the buyer's closing costs, including expenses like appraisal fees, title insurance, and loan origination fees. This concession can make the home purchase more affordable for the buyer and facilitate a smoother transaction.
8 Νοε 2023 · Seller concessions allow you to consider homes with slightly higher listing prices that might have been initially beyond your budget. The financial assistance with closing costs makes these properties more accessible, widening your range of options.
31 Ιουλ 2020 · A seller concession is an arrangement where a home seller agrees to pay some, or all, of a buyer’s closing costs. Importantly, getting a seller concession does not mean the seller will hand...
16 Ιουλ 2024 · Seller concessions are payments that a seller of a home agrees to make for the buyer. They are typically costs that a buyer would have trouble paying in order to close on the sale, and are agreed to as part of the contract to enable the sale to go through. How Do Seller Concessions Work?
