2d • 🤔 General discussion
Seller Concessions Explained Simply
Seller concessions are one of the most underused tools buyers have right now.
In today’s market, homes are sitting longer, which means sellers are more open to covering certain costs to get deals done.
Depending on the loan type, concessions can help pay for closing costs, prepaid taxes and insurance, interest rate buydowns, and in some cases even repairs.
VA, FHA, and Conventional loans all have different rules and limits, which is why strategy matters.
This is where working with the right lender and agent can change the entire outcome of a deal.
If you’re buying or advising buyers, understanding seller concessions can save real money and open doors that feel out of reach at first glance.
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Seller Concessions Explained Simply
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