Buyer incentives
Just wondering, what's the best incentive to provide a Buyer in a real estate transaction?
Options:
- Cut sales price
- Closing credit to Buyer
- Seller providing points to Buyer
I'm not advocating one of them I always stuggle with which is most effective. I think providing point(s) to a Buyer clearly gives the best value to the Buyer. I've always viewed the cut in sales price versus a closing credit as a wash and often just a question of what a lender is comfortable with showing on the HUD-1. Of course if the credits get too big I certainly worry about a RESPA violation.
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