Buyers use Strategies and Competition to get a Good Deal:
There is a Front End to the "Deal" as well as a Back End; and, the same is true of the Loan...there is a "Front End" and a "Back End". The Overall Goal is to get as many Credits as possible and eliminate any unnecessary Debits.
Agents representing the Seller are typically "Connected" to the Seller. It is important to have a True Buyer's Agent representing the Buyer in a Transaction. A Fair Deal is a Good Deal..
On the Front End of the "Deal" a good Buyer's agent works to get Credits for Closing Costs (Re-curring and Non-Recurring), Credits for any repairs or Changes the Buyer would like to have done (like a different Carpet Color, etc.)., and possibly any HOA Fees for the next 6 months or Year.
=> Seller shall Credit Buyer up to 6 percent of Closing Costs.
=> Seller shall Credit Buyer for 6 Months of HOA Fees.
=> Seller shall provide Credit of $5000 for necessary repairs and Buyer takes Home "As Is".
=> Seller to provide One Year Home Warranty Plan.
On the Back End of the "Deal" there could be Major Repairs uncovered by the Professional Inspections:
=> Seller to provide Roof and Termite Clearance (All Section I Items to be completed prior to closing).
=> Or, numerous "Junk Items" can show up on the Buyer's Closing Accounting Statement; Low Cost Title Insurance sometimes eliminates this problem and the Buyer's Agent can recommend Title Coverage based upon the situation and save the Buyer substantial money at Closing.