Real Estate Concessions

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January 1, 1 6 min read Definitions

Purchase Price Real Estate Terms Property Transaction Sales Contract Real Estate Financing Real Estate Concessions Seller-Paid Closing Costs

The term 'Purchase Price' refers to the dollar amount agreed upon by the buyer and the seller for the sale of a property. This figure is specifically outlined in the sales contract and does not take into account any adjustments for financing, concessions, or seller-paid closing costs.