Finance
In Wyoming, 'seller concessions' in a real estate transaction refer to:
AThe seller reducing the listed price
BCredits or contributions from the seller toward the buyer's closing costs or prepaid expenses✓ Correct
CThe seller agreeing to make repairs before closing
DThe seller including personal property in the sale
Explanation
Seller concessions are contributions from the seller toward the buyer's closing costs, prepaid items (taxes, insurance), or loan discount points. They reduce the buyer's out-of-pocket expenses at closing. Lenders limit seller concessions based on loan type and LTV.
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