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How does a house buyers rebate work?
We partner with agents nationwide who will arrange for a percentage of their commission to be
refunded back to you, the house buyer. We give you a cash rebate after closing on your home. This IS NOT a federal tax rebate. This is IN ADDITION to a tax rebate.
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Are current homeowners purchasing a new home eligible for the tax rebate?
Suprisingly many are. There are new rules and you may be eligible. Please contact us to see if you qualify for up to $6,500 in rebates.
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Am I elegible for an $8,000 tax rebate?
More than likely, as a first time homebuyer, yes. We can review your situation and advise you whether you qualify.
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Is my home rebate taxable and what form does it take?
We give you a cash rebate after closing on your home. Consult your tax
professional for advice regarding any tax consequences.
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When do I get my check?
We need to get a copy of the closing statement from our referring
source and a check from them. Please keep us informed as to the date
of your closing. Your check should arrive normally between 7-10 days
after closing.
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Are there any states where home rebates aren’t legal?
There are a handful of states where cash rebates are not considered
legal by the state Real Estate Commission. We can assist with
lowering closing costs or reducing the sales price, instead of
giving cash rebates, that can still save you thousands.
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Do I have to use a certain agent or lender to qualify for the
home rebate?
Absolutely not. We can refer to any agent with any company. The
referral must be made prior to the signing of any agreement by you
prior to our referral with that agent.
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Can you save me money selling too?
Yes, we can refer you to a flat fee company with a By owner
option saving you up to 5 1/2 % commission nationwide in most
instances. This will vary slightly with the brokers in the state your
home is located. (Ex. savings $11,500) for a $ 200,000 sale.
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What type of agents do your refer to?
We try to match
you up with an agent who represents you, called a buyer's agent.
Their legal responsibility is to help negotiate in your behalf, and
protect your interests. They frequently know what sellers paid for
the house, current market prices, any price changes, as well as
number of days on the market. They recommend inspections,
disclosures, and warranties to protect you. They will relate
information to you that can adversely effect the property. All of
this at no cost to you, as they are paid from the seller's commission.
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What if I am not happy with the agent?
Be careful what you sign. In almost all cases an agent can be
terminated and we will refer you to another agent for your rebate.
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