Source: Credible —
Homebuyers are sometimes caught off guard by how much money they need to bring to closing. In addition to the down payment, you’ll need to pay a long list of closing costs — including an origination fee, title insurance, and more — before you can receive those house keys.
Seller concessions, also referred to as seller assist, make these expenses less burdensome for you.
Here’s what you need to know about seller concessions: