Home Buyer Cash Back Rebate
Buying a home shouldn't be a stressful and tiresome process. Let my experience and knowledge help you achieve your home buying goals. My services are free to you (I get paid by the seller), and I will give you up to 1/3 of my commission to help you pay for closing costs! Please call me with any questions you have about buying a home in the Denver area. 303-564-4055
How the Realtor Home Buyer Rebate and Buying Process Work
Contact Nathan – Call me at 303-564-4055 or click on a red button for a complimentary initial consultation or to answer any questions you have about Colorado real estate or my cash back rebate program.
Getting Qualified – Unless you are paying with cash, if you are not already working with a lender, you need to find one. I have several lenders I can recommend that I work with, trust and can work with the Realtor rebate program. Which lender you should work with will depend on your credit score, what type of loan you want (FHA, conventional, VA, stated income, etc), and how much you want to put down for a down payment. This is something we will discuss during our initial consultation. Your lender will help you determine how much you can afford to spend on a home. The cash back rebate is subject to RESPA regulations and your lender must approve the home buyer rebate in order for you to receive it.
Determining Your Wants and Needs – Now that you know how much home you can afford, you need to iron out your other criteria. I always encourage buyers to make two lists – The things you absolutely need and the things that you want to have. Often times, your wants and needs will change after we have looked at a few homes.
Touring Homes – Once you are qualified and know what you are looking for, we can start looking at homes! Initially we will look at all of the available homes that match your criteria. If you do not find a home you would like to make an offer on, don’t despair – new homes come on the market all the time. Now we will want to watch the market and as soon as a new home matching your criteria is listed we want to look at it as soon as possible. You can easily set the search features on this site to instantly send you a notification when new homes that match your criteria come on the market (of course if you don’t want to do this, I am happy to set up searches that will notify you)!
Making An Offer – When you find a home you would like to make an offer on, we will do several things. I will pull comps so that we know how much we should offer. I will prepare and explain the contracts we will use, then present your offer to and negotiate with the listing agent or seller.
Going Under Contract – Once your offer is accepted, I will deliver your earnest money, we are underway and you are one step closer to your home buyer rebate.
Inspections, Appraisals and Title – You will need to schedule an inspection, which I will accompany you on. After the inspection we will discuss the results and if necessary, I will complete an Inspection Objection which we will send to the seller. The Lender will schedule an appraisal to ensure that the property is worth what you are offering. The seller will order a title commitment for our review. I will keep you updated regarding the status of the inspection issues, the appraisal, and any other issues or items that need to be addressed.
Closing – I will attend closing with you. Here, we will sign all of the necessary documents to transfer the property, your loan will be funded and you will receive keys for you new home!
Cash Back Rebate – At closing, your cash back rebate will be applied towards your closing costs, reducing the amount of money you need to bring to closing.
What the United States Department of Justice Says About Home Buyer Rebates:
“…ten states have enacted laws that forbid brokers from offering refunds, denying consumers the benefits of price competition and driving prices higher than they would be in a more competitive market.”
“Rebates make buying a home less expensive.”
“Some real estate brokers offer consumers cash refunds or non-cash incentives to encourage them to use that broker’s services.”
“The Antitrust Division has found no evidence that refunds and incentives harm consumers. On the contrary, they can dramatically lower the price that consumers pay for brokerage services.”
“Offering rebates and incentives is one way that real estate brokers can compete for consumers’ business, leading to lower prices to consumers.”
“Rebates can save consumers several thousand dollars in a single transaction.”
We were under a time constraint to get our home sold ASAP, in order to get into our new build, and Nathan made it happen!
Nathan is patient, honest and very trustworthy and we will definitely use his services again!