Can a Seller Give a Buyer Money at Closing
"After an accepted offer, my sellers received the inspection report back from the buyers of their house. The inspection report stated that the property needed a new roof. They asked my sellers to pay for the entire roof but we negotiated down to about half the quoted amount." Can I Give Money to the Buyers at Closing for Repairs? How do those funds get transferred? Do they get credited to the buyer at closing? Does the seller hand over the cash at closing? How do sellers give buyers money for repairs or replacements found in the inspection? How exactly do seller credits to buyer work?
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