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Short sale Myth #7

Recently I read about six "Short sale Myths De-bunked" written by I Short Sale Inc. which was written for us to our home buyers and sellers. Sadly those short sale myths are in the heads of our clients. Surprisingly I found out that many times

How much can I ask for in seller concessions?

Typically on conventional loans the most a buyer receives in seller concessions is 3% (On a $100,000 purchase, $3,000). Making a larger down payment can raise the amount of concessions allowed from 3% to 6% or even 9%. However you rarely see these high