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Seller concession, FHA vs. Conventional

Oct 14, 2013   //   by   //   Mortgage News  //  Comments Off on Seller concession, FHA vs. Conventional

When buying and selling a home, one of the big motivating factors a buyer will buy one house over another is based on seller concessions. In simplistic terms, seller concessions is the seller contributing money that the seller would receive and crediting those funds back to the buyer to assist in paying for closing costs. This is a very big motivating factor for many first time home buyers

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