What's better? Credit or reduction?

[Daniel Michael Phelps]

I just completed negotiations with a seller and wanted some advice on a situation I've encountered on back to back purchases now.

After negotiating, the seller has given me a $3,500 credit towards repairs. Is it better to have the purchase price reduced by $3,500 or to have a $3,500 credit towards closing?

My initial thought was to have the purchase price reduced which would result in a small reduction in property taxes for the entire length of time I hold the property. I realize this may not be much money at first glance, but if I hold the property for 10+ years then it starts adding up. I would appreciate any feedback.