NAR comments to HUD on the Federal Register Notice Docket Number FR-5572-N-01, Federal Housing Administration (FHA) Risk Management Initiatives: Seller Concessions. NAR recommends allowing seller concessions greater than the proposed 3 percent or $6,000; especially in areas of the country with higher closing costs.
Comments: HUD on Seller Concessions
Issue Date: March 26, 2012
NAR comments to HUD on the Federal Register Notice Docket Number FR-5572-N-01, Federal Housing Administration (FHA) Risk Management Initiatives: Seller Concessions. NAR recommends allowing seller concessions greater than the proposed 3 percent or $6,000; especially in areas of the country with higher closing costs.
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