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Updated over 7 years ago on . Most recent reply

Kelly Byrd's profile image
Kelly Byrd's profile image
Kelly Byrd
  • Rental Property Investor
  • from Los Altos, CA
  • Member since Aug 22, 2016
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109
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55
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Kelly Byrd's profile image
Kelly Byrd's profile image
Kelly Byrd
  • Rental Property Investor
  • from Los Altos, CA
  • Member since Aug 22, 2016
Connect
Kelly Byrd
  • Rental Property Investor
  • Los Altos, CA
55
Votes |
109
Posts
Buying & Selling Real Estate

Counter offer with credit at closing?

Kelly Byrd
  • Rental Property Investor
  • Los Altos, CA
Posted

So lets say I offer $200K on a property listed for $200K. The seller countered with $220K as the price, but with a $20K credit to me at closing, along with a few other changes to my offer. There must be a reason this is better from the seller's point of view, but I don't know why. Can someone here enlighten me?

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