A quick guide for using seller concessions when buying a home; St. Louis Mortgage Interest Rate Update

What are sellers’ concessions?

A seller concession can be any negotiation where the seller, builder, developer, salesperson or any interested party gives a credit to the borrower at closing.   The seller concession can help lower or eliminate the amount of money a borrower is required to bring to the closing table.  Continue reading “A quick guide for using seller concessions when buying a home; St. Louis Mortgage Interest Rate Update