Vendor’s Credit at Settlement
Post BR there were repairs and recommendations highlighted by the building inspector. We entered negotiations lawyer suggested that we ask for vendor’s credit at settlement(it is almost half of our deposit) instead so we can get these repairs done once we move into the new house.
I am buying the house with 5% deposit. My mortgage advisor says he hasn’t seen this happening ever before and the bank won’t accept this. I am worried that we will lose the house after coming so close to the finish line. Please advise 🙏🏻