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Updated about 6 years ago,
Credit in lieu of repairs
I am purchasing a home at $205k and have 6,300 coming back to me as a credit in lieu of repairs (wrote up in an addendum.) The addendum states that the check for 6,300 is to be made to a contractor of my choice. I don’t want to pocket the money, but I do want to subcontract everythIng myself.
- Can I be my own contractor? (longshot I know)
- if not, is there a way I can get the money instead of having to hire someone?