A Real Estate Rebate is a great buyer benefit because it means the Buyer needs to bring a lot less money to the closing table. Plus the IRS says real estate rebates paid to a buyer are considered an “adjustment in the sales price”, and therefore not taxable income to the buyer. With this said, it is always a good idea to talk with a CPA about your specific tax situations.
To save you time and effort finding a Realtor offer a Home Buyer Rebate on New or Resale Homes, The Real Estate Savings Center locates and qualifies Real Estate Buyer Brokers and Buyer Agents offering rebates in your area of interest.
Our system gives you the option to remain anonymous while viewing some of our Realtors websites in your hometown or destination city. You also have the option to request offers for Real Estate Rebates from any and all Real Estate Rebate Realtors in your entire County area. This way you can have Realtors more competing for your business with Home Buyer Rebates and New Home Rebates that may be even more substantial than shown on their posted websites.
A Home Buyer Rebate or New Home Rebate shown as a Credit to the Buyer at closing is not yet allowed in these 10 states: Alaska, Alabama, Iowa, Kansas, Louisiana, Mississippi, Missouri, Oklahoma, Oregon, and Tennessee. See what the U.S. Department of Justice has to say about Real Estate Rebates like those offer by the Realtors in The Real Estate Savings Center Network.
Please fee free to use this map to locate and compare Real Estate Rebates in your hometown of destination city in any of the 40-States where they are both legal and available.
The highly rated Buyer Brokers at The Real Estate Savings Center have been helping home buyers save time and money for at least five years and many of them for 10-years or more. They typically have real estate business models designed to be flexible to your specific needs. For example, if you are looking for a New Home Rebate and you have already located the home you are interested in, it would normally mean less work for them and a higher Real Estate Rebate Offers for you.
You may already know that if your are not working with a Realtor, home builders typically do not offer you a New Home Rebate equal to a part of the commission offered in the Realtors’ MLS system. However most new home builders are happy to allow your Realtor to split their MLS commission with you at closing as long as the commission split has been disclosed.
If and when you agree to receive a New Home Rebate or other Home Buyer Rebate, it needs to be disclosed to all parties to the transaction. Most importantly to your Mortgage Lender if you are getting a Mortgage Loan. Your Home Buyer Rebate can then be shown as a Credit to you from your Realtor on the closing documents.