Finance
A seller's concession in a Nebraska home sale refers to the seller:
AAgreeing to reduce the purchase price
BPaying a portion of the buyer's closing costs as part of the transaction✓ Correct
CPaying the buyer's first mortgage payment
DProviding a rent-back arrangement after closing
Explanation
A seller's concession (seller-paid closing costs) is when the seller agrees to pay a specified amount toward the buyer's closing costs. Lenders set limits on allowable seller contributions based on loan type and LTV.
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