Tag: Seller concessions

Closing Costs

When you buy a property, you must bring more than just your down payment to the closing table. Closing costs are expenses paid after the down payment, such as appraisal fees, legal fees, and escrow funds. Many first-time home purchasers misjudge the amount they will have to spend on closing costs. Some purchasers may be unaware […]

Seller Concessions

Seller concessions are fees that are covered by the seller in some cases when acquiring a house to decrease your closing expenses. These fees might be closing costs paid when buying a property to offset the costs of obtaining a mortgage. In this article, you’ll learn how to take advantage of these concessions before closing […]