Credit request at closing

[Kalo (Kyle) Atanasoff]

Hello BP colleagues,

What are the ways to receive credit at closing? I am in escrow on a duplex, conventional loan, and credit have requested is above the closing cost amount (with about 20k more). I do not want a price reduction, as the negotiated price will appraise, but rather receive a credit at closing which will use towards a few improvements. 

What are the ways to receive the credit in escrow and outside of escrow? If outside of escrow, how to legally protect myself?

Best,

K

[Jay Helms]

As @Christopher Phillips stated, just accounting. Talk to your title agent and let them know what you’re looking to do.