A buyer is offered seller concessions toward closing costs instead of a price reduction. What is the primary advantage of seller concessions over a price reduction?
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A
Concessions do not affect the appraised value but help the buyer's immediate cash needs
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B
Concessions are always larger in dollar amount than price reductions
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C
Concessions eliminate the need for a lender appraisal
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D
Concessions allow buyers to avoid paying property taxes at closing