|Buyer's Credit||Other Realtors|
|Example based on a $500,000 home purchase|
|3% Commission to selling broker||$15,000||$15,000|
|Broker's Credit Towards Closing Costs||$7,500 (15,000 x 50%)||$0|
|Buyer's Savings at Closing||$7,500||$0|
Our closing costs credit applies to owner-occupied, second homes, and investment properties. In the event our credit exceeds the closing costs, we’ll apply the overage credit towards the purchase price.
Our buyer’s credit allows you to save a substantial amount of money and makes it easier to prequalify for a loan if you’re short on closing costs.