BUYERS REBATE END OF YEAR SPECIAL
Buyers looking to buy before the New Year can take advantage of this special which credits back to the buyer $$$$ when closing escrow. These funds can be used to help furnish, fix, or remodel the home you are buying.
Here are a few examples:
Property Cost
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Your Rebate ($)
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$500,000
|
$5,000
|
$750,000
|
$7,500
|
$1,000,000
|
$10,000
|
$1,250,000
|
$12,500
|
Legality: Both California law and Federal law permit commission sharing with the buyer. The Federal Real Estate Settlement Procedures Act of 1974 12 U.S.C. 2601 et seq.; 42 U.S.C. 3535(d), more commonly known as RESPA, specifically mentions commission sharing with buyer clients as an exception to the RESPA restrictions on rebates.
CALL OUR OFFICE TODAY AT 650-212-4010 TO BEGIN SEARCHING FOR YOUR HOME OR EMAIL INFO@ARISEREALTY.COM.
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