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Updated over 6 years ago,
Higher Credit or higher Purchase Price at closing?
We are about to close on a deal and the seller wanted to give us a $1000 credit toward property taxes instead of pro rated. When we asked for pro rated he said that would double it and so he would want to raise the purchase price $1000.
So which is better for us as buyers?
A ) Get a thousand dollar credit on the purchase contract toward property taxes.
B ) Get a two thousand dollar credit toward property taxes but pay a thousand dollars more for the house.
Any input would be greatly appreciated. Thank you!