Closing on a home soon. I have an allowance given to replace the flooring. The money will be held in escrow at the closing company's attorney office. My agent told me that in order to use this allowance properly, I must have a contractor complete the service, after which I present the bill to the attorney's office and they pay the contractor directly.
The thing is...it's freaking carpet replacement. Home Depot has a killer deal going on this summer where they will replace and install carpet free of charge as long as you buy the product from them and the carpet is over a certain dollar amount per sqft and minimum purchase amount total. Home Depot isn't going to accept being told "yeah just give me the bill and I'll have some attorney office mail you a check."
Any of you experienced folks have any ideas?
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source https://www.reddit.com/r/RealEstate/comments/gt7uve/question_about_using_allowance_for_repairs/
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