What is the definition of a first time home buyer?
A first time home buyer is a buyer who has never owned a principle or primary residence during the three year period prior to the purchase of their next home. For married taxpayers, the homeownership history of both the home buyer and his/her spouse are evaluated.

How do I qualify for the Homebuyer Empowerment program rebate program?
Our home-buyer Empowerment Program is available to any homebuyer using our FREE services in the purchase of their home. The rebate is paid in cash to the home buyer at closing.

Is it legal for a Realtor to give rebates or any other inducements?
Yes. Your agent receives commission from the Seller of the home and it’s the Realtors prerogative to offer a rebate to their buyers.

Why do your agents offer this commission rebate?
We believe that a few thousand dollars can go along way in assisting our loyal buyers. They can choose to use this rebate cash to buy down their interest rates and hence lowering their payments and creating big saving during the life of their mortgage. Our buyers are so thrilled about this project that combined with the superior service they receive from us, usually tell their friends about our service and rebate program giving us access to a large client base with very little if any advertising cost.

Does the Federal government encourage giving incitements to buyers through rebates?
Yes. See the government’s opinion about real estate purchase rebate programs here: www.usdoj.gov/publicrealestater/rebates.com

How does the $8000 tax credit work?
This program is available to qualified first time homebuyers that purchase their first home before December 1st 2009. For more information please here to visit the Federal Housing Tax Credit website.