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Questions about a seller concession?
I am selling my townhome and we got a buyer ready to sign a contract. The agreed upon price is $270K with 20% down. Today I find out that the buyer is trying to mortgage $275K to finance closing costs and that this is called a "seller concession".
Why would a buyer want a seller concession if they have 20%. Another thing is this was told to me that this was happening and seller concessions happen all the time. I am not sure if I am comfortable with this. How does everything I mention eventually affect me?
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I think it should be mentioned the floor is cement. Thanks
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At the end of the October 2nd episode there was a remake of "Will You Still Love Me Tomorrow". If anyone watched it does anyone know the name of the group who remade it?
3 AnswersTelevision1 decade ago