Seller concessions could be a flat percentage of the total closing costs, or the seller could cover specific fees, like appraisal or attorney fees.
As a first-time buyer, you may qualify for government-backed grants or loans that assist with closing costs. Additionally, it’s fairly common to ask the seller to help cover closing costs. Seller concessions could be a flat percentage of the total closing costs, or the seller could cover specific fees, like appraisal or attorney fees.