Port St Lucie Realty

Home Buyer Credit

Listed below are the most common questions we are asked about our Home Buyer Credit Program.

How does the Home Buyer Credit work?

When you purchase a home utilizing our services you will receive the entire amount of our commission above $5,000 that we receive at closing from the seller or listing broker.

How do I get paid the credit?

Typically the credit will be used to pay for your closing costs and pre-paids, such as homeowners insurance, property taxes, lenders fees, etc. We would love to give you cash back after closing but most lender’s won’t allow it. When you get pre-approved for a home loan ask your lender how the credit can be applied as it must meet their guidelines. If you are a cash buyer you will simply bring less cash to closing as the credit will be applied to the balance due.

Is it legal for a buyer to get a credit?

Yes, it is in Florida. Even the United State Department of Justice has stated "Rebates Make Buying a Home Less Expensive". You do need to make your lender aware that you are receiving a credit as this could have an effect on your loan terms.

What areas do you cover?

Port St Lucie, Palm City, Jensen Beach, Stuart, Hobe Sound, Tequesta, Jupiter, Palm Beach Gardens, North Palm Beach and Juno Beach.

Thinking of buying a home?

If you're serious about purchasing a home please call us at (772) 678-2980 for more information about our Home Buyer Credit program.