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Updated about 1 year ago,

Reyna V Ayala's profile image
Reyna V Ayala's profile image
Reyna V Ayala
  • New to Real Estate
  • from Chicago
  • Member since Aug 10, 2023
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User Stats

12
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3
Votes
Reyna V Ayala's profile image
Reyna V Ayala's profile image
Reyna V Ayala
  • New to Real Estate
  • from Chicago
  • Member since Aug 10, 2023
Connect
Reyna V Ayala
  • New to Real Estate
  • Chicago
3
Votes |
12
Posts
Starting Out

What r seller credits

Reyna V Ayala
  • New to Real Estate
  • Chicago
Posted

I'm trying To run numbers on the bigger pockets calculator. We want to offer 175k on the house and the realtor suggested 6 percent credits. But I'm not sure what that is. Does it buy down the mortgage to 164k? Or does it cover the closing cost and down payment. I'm unsure how to enter this in the calculator 

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