Seller Credits Explained: How Buyers Can Save Big on Closing Costs!
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Realtors | Cher Castillo & Co. on Instagram: "Seller credits = money back at closing 💰 If you’ve ever felt stuck because of closing costs, this is for you. A seller credit is when the seller agrees to help cover part of your closing costs — which can be thousands of dollars. Depending on the loan and lender, buyers can often request 1–3% (sometimes more) of the purchase price. That means: A $600,000 home + 3% seller credit = $18,000 toward your closing costs. Less money out of pocket. More flex
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