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What is seller's concession?
The term can take on slightly different meanings depending on exactly where it is used.
In the context of a home sale, it generally indicates something like a fee, cost or "giveback" (even...
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What is the purpose of a home seller's concession?
Seller-paid concessions, when used properly, can mean the difference between closing a home sale and losing one. A concession is anything of value added to the transaction by the seller, builder,...
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Is it a good idea to do sellers concession?
How desperate are you to sell? It all depends on what is being asked, how much it will cost and whether you think the next buyer will make those same demands.
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Is the seller's concession included in the fees?
The wording of your question needs some work. I am curious which fees you are referring to.
Generally in a home purchase, a seller is allowed to pay between 3%and 6% in "seller concessions". These...