Market Blog

Flagstaff & Northern AZ Market Blog.

Weekly Q&A and market notes from Cassi McGinnis, REALTOR: how fast cabins and mountain homes sell, what buyers and sellers are competing for, and real answers for Flagstaff, Munds Park, and the high country.

2026-11-04 · 6 min read

How Does a 3% Seller Credit Work When Buying a Home in Flagstaff, AZ?

Short answer: A 3% seller credit is money the seller agrees to pay at closing on the buyer's behalf, equal to 3% of the purchase price. On a $634,900 home, that's $19,047. You can usually put it toward closing costs, prepaid items, a permanent interest rate buydown, or a temporary buydown such as a 3-2-1, as long as you stay inside your loan program's limits.

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