Seller Concessions: How to Use Em
2 years ago
11
You're building up some good knowledge so far! Congrats : )
Last time we spoke, I mentioned a way we can help creatively structure your offer to reduce your total out-of-pocket expense with something called a Seller Concession.
So what is this anyway?
From our previous example of purchasing a $300,000 property, we know that closing costs, as a general room of thumb should be about 3% of the purchase price. This means we have Closing Costs to be about $9,000.00
REALTOR, Tyler Wampler discusses how to minimize your Closings Costs once you get your offer accepted
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