Tuesday
January 6, 2009
The Rebates 

There are a few aspects of a real estate purchase that have little impact on the buyer but have a significant effect on their Buyer's Agent.  To show our appreciation to our clients for their consideration in these matters, we at Everyhome offer rebates to our clients on nearly every home on our website.

Displayed on each property's page is the sum of the rebates offered for that listing. To see how the rebates affect your closing costs, click on the price, which is displayed in green.  This calculates the settlement costs for that property and displays the rebates in red near the bottom of the page.

The figure displayed is the sum of five separate rebates :

If your lender has an office in Pennsylvania : 20%
If settlement is in our office (refreshments always served) : 20%
If you use a title insurance company in our network : 25%
If we showed you 10 homes or less : 25%
All of the above : 10%
The figure displayed : 100%
 
An important note :

   We are licensed by the Pennsylvania Real Estate Commission and are bound by their rules.  One of those rules (see page 16) requires that rebates be noted on the settlement sheet.

   Recently, we have encountered mortgage lenders who do not want the rebates to be noted on their settlement sheets in certain circumstances.   If your mortgage lender will not allow the rebate to be noted on the settlement sheet, we are not allowed by law to pay it.   When selecting a lender, please make sure that they understand this requirement. Your agent will be happy to assist you.
 
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EveryHome, Inc. 50 Skippack Pike, P.O.Box 1711, Blue Bell, PA 19422   215-699-5555
Pennsylvania Real Estate Commission license RB-062716-C
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