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Investors do not qualify for the full Cash Back Rebate and will be adjusted by 50% for second homes and investments. Film about the immigration to Canada of 100 families from Scotland. The full 20% Cash Back Rebate applies to new construction homes! New Construction Homes have special requirements that must be followed in order to qualify for the rebate. you MUST bring your South Central Homes Agent with you or potentially forfeit the rebate. This is due to the Builder and their representatives who may not honor our relationship. Rebate is available only to buyers who close escrow / proceed to final settlement with A South Central Homes Agent acting as their sole and exclusive agent in the purchase of real estate. Exclusive Buyers Agency contract establishes an exclusive agent relationship. The minimum cooperating broker commission received by South Central Homes must be at least 2.0% or greater. For homes with a final sales price under $100,000 the Rebate may be capped at $250.00. When the seller and/or listing broker in a transaction offers the broker representing the buyer a bonus or other additional incentive over and above the cooperating brokerage commission or any commission exceeding 3%, they will be considered separate and apart from the cooperating brokerage commission actually received by South Central Homes and buyer is not entitled to a rebate on any bonus or other additional incentive monies paid to South Central Homes over and above the cooperative broker commission. The amount of cooperating broker commission received will vary on individual properties. The Rebate will be paid or credited to the party or parties named as the “buyer(s)” or “borrower(s)” on the HUD-1 Closing Statement or equivalent official closing statement. All buyers must sign a Rebate Agreement before any rebate will be issued. This rebate program is only available where permitted under state and federal law and when not otherwise prohibited by the buyer’s lender(s). There may be tax consequences to the rebate. If you need legal or tax advice, you should consult with the appropriate professional. Specialties: Contact us today for an affordable shredding, storage or scanning solution thats tailored to fit your business.
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