Here’s a number most buyers don’t know: about 44% of sellers recently gave buyers a concession — close to the highest share on record. 💰
A concession is money the seller credits toward your closing costs instead of cutting the price, which lowers the cash you bring on closing day. There’s another lever too: a rate buydown, where the seller pays to lower your mortgage rate. Take $10,000 off the price and your payment barely moves — put that same $10,000 toward your rate and you feel it every month.
Same money out of the seller’s pocket. A much bigger result in yours.
Read the full article:
What You Can Negotiate In A Home Purchase (That Most Buyers Don’t Realize)
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