Bowman Realty

What Are Concessions Season 2

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Synopsis

 Concessions are anything that sweetens the pot in a real estate deal. In the case of sales, they might be in the form of cash back to the buyer, a reduction in sales price or the inclusion of a few appliances in the deal. Most commonly, however, concessions involve sellers picking up some or all of the closing costs. Lenders have strict rules regarding concessions that typically prohibit a direct cash exchange between buyers and sellers outside of the settlement, which could be construed as fraud.   looking for an amazing Realtor then schedule a time here with me https://calendly.com/aaronbowman   Find Us Online...  Website: http://www.bowmanrealtyct.com/  FaceBook: http://bit.ly/2Sx1DVY  Twitter: http://bit.ly/29eVR4w   Youtube: http://bit.ly/2yGfhN4   --- Send in a voice message: https://anchor.fm/ct-tactical-realtor/message