@Chris Irvin Ultimately, once you're in the 5 + space, there's no real weight behind a Pre Approval letter drafted based on your personal financial statement and tax returns because the loans are so subject property based. 

Phoenix is amongst the leaders in the percentage of YoY price reductions as of last month. 

Also what holds more weight ; public records or the last updated property card .. considering purchasing a multi family in a b1 zoned area .. public records deems it a 2 unit but it’s last updated property card deems it a 3 unit.

Although Utah has seen quite a few price reductions, these price reductions are coming after only a week or two (which is not concerning to me, just shows how eager sellers are to sell their properties).

Each state and local government offers a unique collection of revenue sources that weights income, sales, property, and other taxes differently.

However - how I do "rent credits" for my lease-option program is to set give incentives that will only be applied on the closing disclosure as a paper credit (either a reduction in the option price or a credit towards the closing cost).  

. $200 on a $2k rental is a 10% price reduction, which is pretty significant - that's $2400 over the course of a year.

Hi @Mike D'Arrigo you're right and that's not fair of me to lump ALL turn key providers into the same pot. 85% of real estate agents aren't worth their weight.

Talk to the builder directly, tell them you plan on extending and enforcing the contract…and to get their agent in line.Note, the builder/seller may be using the 2% reduction in commission to pay for the 2% closing cost contribution, but the purchase contract can not change the actual commission…that is determined by contracts between the builder and the agent.

It simply sets the wrong precedent, and they will be looking for more ways to get rent reductions in the future.