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If a buyer wants a seller to increase the sale price of a home from 38000 to 75000 and give back 36600 to the seller for repairs at closing is this advisable from the seller's point of view?
Wiki User
∙ 18y ago
This question gets a "whaaa??" In the U.S., such things are called "kickbacks" and are illegal unless documented (i.e. refund, money-back, etc.) Regardless of the circumstances, it would seem that the Buyer has alterior motives. Clarification would be required.
Wiki User
∙ 18y ago
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Do sellers pay closing costs in Michigan?
Sellers should pay closing costs in Michigan. However, this is not a law by any means. Sometimes the sellers will offer to pay half, or they may expect the buyers to do it.
How long after your new house closes do the sellers have to move out?
The timeframe for sellers to move out after closing depends on the negotiation in the purchase agreement. It typically ranges from a few days to a few weeks.
When the price of a product rises and the total revenue of sellers increase?
You have an inelastic product.
When will happen if the sellers in the market increase?
As the Number of Sellers Increases, the Supply of the commodity Increases. As Supply Increases, and demand remains constant, Prices Decrease.
A rapid increase in the population of a city or town is most likely to lead to which?
A sellers market
Where can one purchase an SSJ3?
SSJ3 can be purchased on sites like Amazon, it is advisable that customers check the description and sellers ratings before they decide to make a purchase.
Who pays closing costs?
Mostly buyer pay closing cost.But Who pays for closing costs may vary depending on the location and the market. Requirements differ in each state and sometimes in each city. For example, sellers normally pay for title insurance in Los Angeles, while in San Francisco the buyer typically pays. In a buyer's market, sellers may opt to cover the costs just to have a better chance of getting closer to the price they want.
Is termite inspection and repair sellers responsibility?
It depends on the state law and what the closing documents state. You will need to consult with a real estate attorney in your state.
What would happen if there was a sudden increase in animal abandonment?
If that happend, pet sellers will increase the money a pet will cost to do if you'll really take care of them.
What sort of mechanism is used to rank the quality of buyers or sellers?
A reputation system is a popular way to rank buyers and sellers. If you buy an item from a seller and receive the item in good condition and in a timely matter, giving good feedback will increase a sellers reputation.
How do brands help buyers and sellers?
1)it can lead to increase revenue of the company2)it increase buyer awareness about the product in the good3)security of the good of particular company4)advertisement of good in the market
When demand exceeds supply are there any instances where prices wouldn't be raised?
When demand exceeds supply, prices will usually increase. However, prices may not increase if the sellers are non-profit organizations.
