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Concession

FreddieMac

Updated 10-31-2026

Concession

Something given up or agreed to in negotiating the sale of the house. For example, the sellers may agree to help pay for closing costs.

FreddieMac Glossary

FreddieMac · p. 4

FTC

Updated 10-31-2026

Concession

Something given up or agreed to in negotiating the sale of a house. For example, the sellers may agree to help pay for closing costs.

FTC Real Estate Terms

FTC · p. 4

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