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Updated about 6 years ago,
How do I receive cash back from seller after closing?
I am interested in purchasing a property that could use about $8000-$10,000 in cosmetic upgrades (change carpet for laminate, retexture and paint walls + ceiling, upgrade appliances, upgrade countertops to granite, upgrade kitchen+bathroom cabinets).
How can I structure an offer offering full asking price but at closing the seller gives me back $10,000 cash? Is there another way to do this?
I would be purchasing as a Owner Occupied primary and can put 20% down payment. Houston, TX.