SELLER CONCESSION: FICTION FATIGUE
Imagine this scenario: you’re purchasing a house and you want to offer no more than $450,000.00, because it needs a new kitchen. You got an estimate that it will cost $15,000.00 to install it. The seller does not want to take less than $465,000.00. The seller then proposes that you pay the $465,000.00 and s/he will install your kitchen. Why would the seller want to do that? Read more…