Realtor.com

NOVEMBER 15, 2022

One type of incentive that buyers—and sellers—can use is called seller concessions. Seller concessions occur when a seller agrees to cover the cost of things the buyer usually pays for, such as closing costs , title searches, property appraisals, and other fees. How do seller concessions work?

Seller concession 121

Seller concession Purchase and sale agreement Closing costs Title search 121

HomeLight

APRIL 29, 2021

Loan payoff includes the remaining principal and interest owed up until closing. Seller concessions. Sellers may owe money at closing for financing concessions they agreed to pay for during the negotiation process to help close the sale. One of the most common seller concessions is repair credits.

Closing costs 61

Closing costs Closing Seller concession Homeowner’s association 61

HomeLight

MARCH 31, 2021

Although many closing costs are negotiable, sellers in Georgia are traditionally on the hook for the following: 1. Loan payoff includes the remaining principal and interest owed up until closing. Seller concessions. Loan payoff amount. You must pay off your mortgage before you transfer the title to your house.

Closing costs 95

Closing costs Closing Purchase and sale agreement Title search 95

HomeLight

MAY 3, 2023

Staging and prep costs 1%-4% Inspections and repairs varies Title, settlement, and taxes 1%-3% Seller concessions 0%-6% Get a Free Home Value Estimate Enter a few details about your home and we’ll provide you with a preliminary estimate of home value in less than two minutes.

Seller concession 109

Seller concession Purchase and sale agreement Inspection Title 109

HomeLight

AUGUST 25, 2020

If you have a mortgage on your home, your housing payment will be the same every month — but in the first couple of years, the vast majority of that overall payment will likely go toward interest and will barely touch the principal balance. The longer you stay in the home, the greater portion of the monthly payment goes toward the principal.

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Principal Equity Seller concession Title 68

HomeLight

FEBRUARY 25, 2022

You must have lived in the home as a principal residence for any two of the five years before selling. If you’ve purchased a home within the past five years, you may remember the costs associated with purchasing it, from inspection fees to closing costs. Inspection and repair fees (varies). Seller concessions (2% – 6%).

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Seller concession Closing costs Investor Agents 89

HomeLight

JULY 25, 2022

Here are a few of the details: Length of time: You must have used the home you are selling as your principal residence for at least two of the five years prior to the date of sale. Prep, staging, closing costs, inspections, real estate commissions, and other fees associated with selling your home add up. Seller concessions (2%-6%).

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Closing costs Equity Short sale Agents 90