The term can take on slightly different meanings depending on exactly where it is used. In the context of a home sale, it generally indicates something like a fee, cost or "giveback" (even action), rather than a reduction of the purchase price, that is commonly an expense of the buyuer or benefit to the seller, the seller is agreeing to "concede" to the buyer. For example "for acceptance of the offer within 24 hours, the seller agrees to credit the buyer $1,000 to be applied toward the closing costs". Lenders are concerned that a deal showing a certain % downpayment may use these to skew the numbers and essesntially involve seller financing or mask the source of funds, or such.
Yes, but the amount of the concession depends on the type of short sale. An FHA Short Sale (under the HUD Pre-foreclosure Sale Program) can include up to a 1% seller concession only if the Buyer is utilizing FHA financing in the purchase. A HAFA Short Sale will allow a seller concession, but the amount depends on the proposed net proceeds to the mortgage servicer.
How desperate are you to sell? It all depends on what is being asked, how much it will cost and whether you think the next buyer will make those same demands.
"The gubernatorial candidate gave his concession speech at 10 PM."
the person in the concession stand selling the products.
application for fee concession for kids
is seller concession a tax deduction for me the seller
indian postal concession for despatch of magazines
New union contract made a concession on the insurance copay.
A concession is when someone is granted access to a portion of land for a specific purpose. Like how a concession stand is OK to sell hot dogs in a stadium for example.
her concession was shown when she admitted the truth to her parents.
You can buy concession trailers for a good price at: http://www.jrpconcessiontrailers.com/
The word "concession" in English means "pagsang-ayon", "pagpayag", "pagtanggap" in Tagalog.
The best website for used concession trailers is probably eBay. There are almost always many concession trailers for sale there at great prices.
Used as acts of giving in: If you don't make a concession, you will never resolve the issue.
During intermission you can stop by the concession stand for a Coke and some popcorn.
Ebay is actually a good source for finding concession trailers in your area.
There are rental truck companies which specialize in concession and vending and catering truck rentals. Further information on concession trucks for rent can be found on sites such as this one in Dallas: http://www.concession-truck-for-sale.com/concession-truck-for-rent.php
You can buy supplies for concession trailers in Dallas at www.festivals-and-shows.com. You can also get info at buyitlistit.com/Concession-Trailer-For-Sale-Dallas-TX-8
My internet search revealed more about the cost of running a concession business. However, I gathered that hot dogs are the most commonly found item at such trucks.
Bobby and frank were amazed at the amount of concession stands at the state fair. Is this your homework lol?