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Bookmark or Share- Commission Rebate - how to write up agreement (agent, contract ...Since we are going with the preferred lender we essentially get ~$3-4k in closing costs covered by them (lender/builder).. that's the only other thing we have crediting our closing costs. Most lenders, do not allow more than 6% to be credited towards the buyer, and none of them I have found allow the rebate to reduce the purchase price.
- If property was sold a few months ago, can the title insurance be ...In Michigan, at least, the closing notary said a title reissue can be done if the home purchase was 12 months ago or less. 05-15-2009, 09:49 AM glenn_1000
- Giving cash back to my buyer….Possible? (agents, contract, closing ...Just offer to pay up to x% of the buyer's closing costs, rate buydown, whatever the lender will allow. Without an earmark. That credit will just be added to the buyers' bucket of working money and achieve the purpose you are considering. Cash buyer? Just set a contract price that recognizes reasonable anticipated costs. K.I.S.S. Keep It Simple ...
- How long until you get paid after closing? (agents, commission, Realtor ...Since I Won't Get My Hud-1 Statement Until 24 Hrs. Before Closing, Can You Help Me Estimate My Closing Costs (IL), Real Estate, 12 replies Obamacare employer mandate delayed until 2015 to give Democrats breathing room until after 2014 midterm elections, Politics and Other Controversies, 1 replies
- What can a person do with a "Realtor Commission Credit?" (feedback ...If he is getting a loan, the lender may have a problem with that. Usually a realtor credit is given to a buyer AFTER closing. If the buyer intends to use some of the money toward closing costs, the lender has to know about it, and on some loan types will not allow it.
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