Homebuyers Rebate in greater Los Angeles area – Los Angeles, Orange, Riverside, San Bernardino counties
Remember home buyers rebate of 2009,2010,2011 and 2013?
Well, 2013 is gone but rebate is still here to stay!
In the past this program was called several names:
- First time home buyers refund
- First time home buyers rebate
- First time home buyers stimulus package
- First time home buyers stimulus check
- First time home buyers IRS credit
- First time home buyers economic stimulus package.
Despite the name change, it was an IRS tax credit that was issued to new home buyer.
Our Company First Choice Realty still offers home buyers rebate in Los Angeles, in the amount of 1.25% of the home or condominium sales price.
Home buyers rebate or home buyers credit is in essence a refund of realtor’s commission that comes from typical 2.5% buyers agents commission.
Rebate agreement is electronically signed by both parties prior to viewing houses.
Why you should work with us to buy: – We refund 50% of the buyers agents commission (typically 1.5% of the purchase price) back to You at the close of escrow.
Our clients use these funds to pay for non recurring escrow costs such as escrow fee, Notary, City, County and HOA transfer fees and such. Do you know what is the first step in getting a home buyers rebate? Registering as a buyer and getting pre-qualified for a mortgage!
Use Home buyers credit to pay for Closing Costs, Loan points or get CASH BACK at closing!