Deal $ options - what are your thoughts?

[Lance Mundo]

If a seller is offering monetary concessions to close a deal, is it better to get a reduced purchase price, or apply those concessions toward cash to close? 

[Chris Seveney]

@Lance Mundo

Cash at close.

If you think about it. On a $100k loan if you are putting $25% down you are out of pocket $25k.

If they reduce price by $4k you now are paying $24k out of pocket.

If they provide $4k at closing you are $21k out of pocket.