Are you planning to buy or sell a home? If so, you have alot to consider like getting organized and coordinating your moving plans. Many people make the costly mistake taking care of everything themselves and wonder why they don't get expected results!
Who wants to deal with everything that comes with buying or selling a home?
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Statistically, you maybe like most Americans, you plan on taking out loans to help finance college, which will significantly add to the overall cost of getting your child a college education. Responsibly planning and investing today could alleviate the need to borrow tomorrow. The out-of-pocket difference between investing now and borrowing later could be tens of thousands or even hundreds of thousands of dollars!
What a bunch of dumb comments. Cash back to buyers is NOT the same as cash back at closing, undisclosed to lenders. Get a clue before posting stupid nonsense. Cash back is good for the buyers, the sellers and the economy. I am opening a real estate company which will do just that. THe girl's presentation is absolutely correct.
eleegals 3 years ago
A rebate of commission is in no way a RESPA violation, inasmuch as a rebate reduces the costs of the transaction -- and that is the main objective of RESPA.
commissionrebatega 3 years ago
A cash back rebate from your buyer's broker (agent) is not the same as illegal cash back schemes that have been perpetrated by con artists.
A rebate of commission is simply a reduction in the cost of buyer agent services. Although the seller pays the commission, the buyer bears some of the burden through the sales price; hence, a commission rebate gives back some of the commission to the buyer.
commissionrebatega 3 years ago
Before anyone does this I STRONGLY urge you to research ... there is some information at flippingfrenzy dot com
reibroker 4 years ago
Uh, have you ever heard of the term RESPA VIOLATION? I guess you also won't be involved in jail visitations, since you all will BE IN JAIL! WAIT what is that I hear? The door knocking! It is the FBI!
kenaitze 4 years ago