Escrow & Title
A Nebraska closing statement shows a $3,000 credit to the buyer from the seller for closing costs. This appears on the closing statement as:
AA debit to both buyer and seller
BA debit to the seller and a credit to the buyer✓ Correct
CA credit to both buyer and seller
DA debit to the buyer and credit to the seller
Explanation
Seller concessions for closing costs appear as a debit to the seller (reducing their proceeds) and a credit to the buyer (reducing their cash needed at closing). Debits reduce what you take home; credits reduce what you owe.
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