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Updated over 7 years ago on . Most recent reply
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Price reduction or credit at closing?
If minor issues are discovered under the home inspection/city inspection, what is better: a price reduction in the sales price or asking for a credit at closing?
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Depends on what's important to you @Daniel Vieyra. Getting a credit will reduce your cash outlay at settlement. Reducing the price will lower your loan financing and lower your monthly payment - if you are financing. This should give you a slightly better cash-flow. Hope this helps.