What Seller Concessions Should Buyers Request?

We’ve been getting some interesting questions in our mailbag. Here’s a good one we’ve gotten recently.

Q: What types of concessions can buyers get from sellers these days?

• Pay closing costs such as — title insurance, loan points, escrow fees, transfer taxes, HOA dues and special assessments, property taxes
  
• Shorten the close of escrow period – seller gets their money quicker
  
• Buy down the buyer’s loan to reduce the monthly payment using a lower interest rate
  
• Pay for repairs — such as — termite and fungus repairs, roof and painting
  

Have a real estate question you need answered? Send it to us!

Other Posts You May Enjoy

• What Does It Mean to Exercise Due Diligence?
  
• The Professional’s Guide to Buying a Home
  
• What Should I Expect at Closing?
  
• How Much Earnest Money Should I Put Down?
  
• Can a Home Buyer Cancel a Contract to Purchase?
  

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