Finance
An Arizona seller who pays 3% of the buyer's closing costs is said to be offering:
AA seller carryback
BA seller concession or seller contribution✓ Correct
CA price reduction
DA kickback under RESPA
Explanation
Seller concessions (also called seller contributions or seller-paid closing costs) occur when the seller agrees to pay a portion of the buyer's closing costs, effectively reducing the buyer's out-of-pocket expenses at closing.
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