What Is A Home Buyer Rebate Credit?

FREE money that a buyer gets back from their broker/agent when they buy a new home. The broker receives a commission or fee for bringing a qualified buyer to the table. The broker then gives a portion of that amount to the buyer in the form of a rebate. Buyers can then apply the money toward closing costs or a builder upgrade on your new home or get the cash back at closing. What is home buyer rebate credit? It is considered a price reduction, therefore, no taxes are paid on it. It’s like a big coupon you get from stores where they might off a dollar off on a product.

How It Works?

1. Buyers visit the builders on their own – The builders will have models set up in the subdivisions. The models are open daily for tours. There will also be on-site agents for the builder that can answer questions about the community.
2. Let the on-site agent know that you have an agent and give them our information.
3. Choose the home you would like to move forward on we will contact the builder’s agent to get the paperwork started.
4. You can apply toward closing costs or a builder upgrade or the cash back at closing.
5. If you decide to go with the cash back, which is the most popular option. The rebate credit is processed as when we are funded and all parties have signed the contracts. Generally the same day or the very next business day. We can do direct deposit into you account or hand you a paper check, your choice.

In Conclusion,

home rebate credits are free money and who says “no” to free money? Before you buy give us a try. We are never too busy. Call, text or email Gr8Day Realty before you make a buying decision. Let us save you thousands of dollars on your new home purchase in Texas.