Colorado Springs Home Buyer Rebate Program Frequently Asked Questions
Colorado Springs Home Buyer Rebate Program Frequently Asked Questions
Colorado Springs Home Buyer Rebate Program Frequently Asked Questions
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Colorado Springs Home Buyer Rebate Program Frequently Asked Questions

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Colorado Springs Home Buyer Rebate Program Frequently Asked Questions

Bruce Routman
Managing Broker
Realtor®
Columbia Properties
(800) 701-3965


Columbia Properties
(800) 701-3965

columbiaproperties@gmail.com

Columbia Properties - Bruce Routman

Columbia Properties - Bruce Routman

 

Colorado Springs Home Buyer Rebate Program Frequently Asked Questions

How do I receive my buyer's rebate?

You receive your rebate at closing. You may choose to have the money applied as a credit towards your closing costs, pre-paid expenses, or VA non-allowables, and this will be shown on the HUD-1 documents. Or, you may choose to receive the rebate in cash.

Is the rebate taxable income?

No, the rebate reduces your taxable basis (cost). The rebate is not income. It's the same as a rebate when you buy a car.

Is it legal for me to receive my Military Appreciation Home Buyer Rebate?

Absolutely Yes! Don't be surprised if some real estate agents lie to you about this -- they don't want to save thousands of dollars. So here's proof --The United States Department of Justice Antitrust Division encourages consumers to save thousands of dollars this way! Click here for more information

Do I have to use a certain lender in order to qualify?

Of course not! Please use the lender of your choice. And I encourage you to shop and compare programs and rates. Get several Good Faith Estimates -- in writing!


Columbia Properties is a top real estate firm specializing in homes and real estate in Colorado Springs, Colorado. With over 20 years of experience in the home and real estate business we are experts in Colorado Springs and can help you buy or sell the home of your dreams! We have a unique HOME BUYER REBATE program where you get CASH BACK. Besides all the major areas of Colorado Springs we are experts in Military Homes and Military relocation around Colorado Springs including: Fort Carson, Schriever, and the Peterson Air Force Base.

We invite you to contact us and see how we can help you today!


 

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