BUYERS RESOURCES
Rebate Information
When we represent the buyer in a transaction, we offer Cash Back! We will rebate a portion of our commission even on new homes! Rebates depend on buyer's legwork and as long as the sales price is above $100,000 and it is lender approved. If not, then we will negotiate the commission according to what is being offered. All rebates are required on the HUD-1 (closing statement).
How do I get Cash Back when I buy a house?
When you buy a home with Crawford Realty, Inc as your representation we will rebate part of our commission to you the buyer.
When do I receive the rebate?
When the closing transaction of your home funds.
Can I get a rebate on a new home?
Yes.
Can I use this rebate towards my closing costs?
Absolutely, or reduce your mortgage rate (if the lender allows it). We are here to help people purchase a home and save money. This is your money to spend however you see fit, as long as the lender allows it.
What Rebates are offered?
We offer rebates on new homes and resales. A rebate of 2.5% is offered on a new home, as long as the Builder offers a 3% commission to the Broker. If the commission being offered is less, then we adjust the rebate accordingly. On resales we offer 2%, as long as the seller is offering a 3% commission. There are a lot of steps to buying a house and it is our job to make this as simple as possible.
What are some of the steps for purchasing a home?
Getting pre-approved from a lender, finding the right home, making an offer, the negotiations, inspections, insurance, homeowner warranties and the closing steps.
Is there anything else I should know as a buyer?
Yes, we ask that you receive a pre-approval letter or letter of commitment from a lender before making any offers on a home. Be sure it is a pre-approval letter and not a pre-qualification letter.
What is the difference between a pre-approval letter and a pre-qualifying letter?
A pre-qualifying letter only states that you have given the lender verbal information. A pre-approval letter means you have provided documentation verifying income etc.
For detailed information on buying a home or property and receiving a rebate please contact us at: 512-785-1095 or
cherylcrawfordSold@gmail.com
