REBATE PROGRAM


LET ME PAY YOUR CLOSING COSTS**

OPTION 1: (MOST POPULAR) Choose me as your Real Estate Agent AND Mortgage Broker and I'll pay ALL your closing costs!

OPTION 2: Choose me as your AGENT ONLY and I'll give you 20% of my commission.* (That would typically be $1,800 on a $300,000 home!)

Valid on ANY property including New Construction and existing homes.

Save up to an additional 5% when you buy & sell with Randall Wiggins.
Contact me for details.

A rebate can be used for:

·        Buy down points on your loan.

·        Pay ALL or lower your closing costs.

·        Buy new furniture with your rebate check!

 



Randall Wiggins
Licensed Real Estate Broker - BK3194183
Licensed Real Estate Instructor - ZH1003353
Licensed Mortgage Broker - NMLS 1859249
(904)686-4690 (cell)
randy.wiggins@nuviewrealty.com

Gisela Savage
Licensed Assistant to Randall Wiggins
(770)846-9086 (cell)
admin@nuviewrealty.com
se habla espanol

REBATES FAQs

CAN YOU REALLY PAY ALL MY CLOSING COSTS?

        YES! Within reason of course, there are certain charges and expenses that are not eleigible or are not considered closing costs. REMEMBER, I CANNOT PAY YOUR DOWN PAYMENT. The following charges always remain an expense to the borrower and are not Closing Costs: rate discount costs/discount points, prepaid items (including mortgage insurance premiums, interest, property taxes, homeowners insurance, and any escrow accounts), Upfront Mortgage Insurance Premium (UFMIP), funding fees, the payment of a mobile notary fee, or additional non-standard services requested/required by the purchaser.

WHY DO I NEED TO REGISTER?

          SIMPLE! So you and I can keep everything organized such as your favorite properties, tour requests, etc. -

WHEN DO I RECEIVE MY REBATE?

        AT CLOSING! Most rebates are seen as a credit on the Settlement Statement and applied towards your closing costs unless not permitted by law or lender.

WHAT HAPPENS IF MY LENDER WILL NOT ALLOW YOU TO PAY A PORTION OF MY CLOSING COSTS?

        In these rare cases, I will mail you a rebate check after closing. 

WHAT HAPPENS IF A REBATE IS NOT ALLOWABLE BY LAW IN MY CASE?

        There are a few instances in which the rebate is not permissible by state or Federal law. In such cases, I will make a charitable contribution in your honor.

HOW IS THE REBATE CALCULATED?

        EASY! Let's say a home is purchased for $400,000. If the Listing Broker offered me a 3% commission, that would equate to $12,000. 20% of $12,000is $2,400!

HOW CAN MY REBATE BE USED?

        The rebate I give you may be used to pay all or some of your closing costs, Buy down your mortgage interest rate or buy new furniture if you elect to receive a rebate check after closing. 

CAN I USE THE REBATE TO PAY FOR MY DOWN PAYMENT?

        NO. IT IS IMPORTANT TO KNOW THAT CLOSING COSTS DIFFER FROM THE DOWN PAYMENT REQUIREMENT FOR A LOAN. REBATES MAY ONLY BE USED FOR CLOSING COSTS OR TO BE RECIVED IN THE FORM OF A CHECK AFTER CLOSING AND CANNOT BE USED FOR ANY PORTION OF YOUR DOWN PAYMENT.

ARE THERE ANY REQUIREMENTS TO RECEIVE A REBATE FROM YOU?

        YES. There are a few conditions, requirements and exclusions. BUYERS MUST SIGN A REBATE ADDENDUM FOR EACH TRANSACTION AND SIGN AN EXCLUSIVE BUYER REPRESENTATION AGREEMENT PRIOR TO WORKING WITH ME.

WHICH NUVIEW REALTY ASSOCIATES PARTICIPATES IN THE REBATE PROGRAM?

        At this time, I (Randall Wiggins) the Broker and Owner of NuView Realty am the only participating party in my company. Reach out to myself (904-686-4690 - Cell) or to my Licensed Assistant, Gisela Savage (770-846-9086 - Cell) to get started.

 

* Rebate is available only to buyers who close escrow/proceed to final settlement with Randall Wiggins acting as their sole and exclusive agent in the purchase of real estate. Not all NuView Realty agents participate in my rebate program. For homes with a final sales price of $150,000.00 or more, the rebate is twenty percent (20%) of the cooperating broker commission actually received by NuView Realty at the close of escrow/settlement for representing the buyer net of any allowances or other deductions by NuView Realty related to the transaction. Occasionally, the seller and/or listing broker in a transaction will offer the broker representing the buyer a bonus or other additional incentive over and above the cooperating brokerage commission. Any such bonuses or other additional incentives are separate and apart from the cooperating brokerage commission actually received by NuView Realty and buyer is not entitled to a rebate on any bonus or other additional incentive monies paid to NuView Realty over and above the cooperative broker commission. For homes with a final sales price of $149,999.99 or less, the rebate is Two Hundred Fifty Dollars ($250.00). If within a 3 month period, a customer both buys and sells real property through Randall Wiggins, the customer is eligible to receive either an additional rebate of up to five percent (5%) of NuView Realty's commission for representing the buyer in the case of a purchase, or an additional one quarter of one percent (0.25%) reduction off of my listing commission in case of a sale. The additional rebate or commission reduction will be applied to the second of the two transactions to close escrow or proceed to final settlement. The amount of the cooperating broker commission received will vary on individual properties. The rebate will be paid or credited to the party or parties named as the "buyer(s)" or "borrower(s)" on the Closing Statement or equivalent official closing statement. In the case of an IRC §1031 Tax Deferred Exchange ("Exchange"), the party named as the "buyer or borrower" is the Qualified Intermediary (the "Exchange Company") and the rebate will be paid or credited to the Exchange Company for the benefit of the party conducting the exchange (the "Exchanger"). All buyers, or in the case of any Exchange, the Exchanger must sign a Rebate Agreement before any rebate will be issued. This rebate program is only available where permitted under state and federal law and when not otherwise prohibited by the buyer's lender(s). There may be tax consequences to the rebate. If you need legal or tax advice, you should consult with the appropriate professional. Offer subject to conditions, limitations, exclusions, modifications, and/or discontinuation without notice.

Charitable Donations are available only to buyers who close escrow/proceed to final settlement with Randall Wiggins acting as their sole and exclusive agent in the purchase of real estate. For homes with a final sales price of $150,000.00 or more, the donation is twenty percent (20%) of the cooperating broker commission actually received by NuView Realty at the close of escrow/settlement for representing the buyer net of any allowances or other deductions by NuView Realty related to the transaction. For homes with a final sales price of $149,999.99 or less, the charities donation is Two Hundred Fifty Dollars ($250.00). This charitable donation program is only available where permitted under state and federal law. Client will not receive a tax benefit in this donation program. Offer subject to conditions, limitations, exclusions, modifications, and/or discontinuation without notice. Randall Wiggins and NuView Realty reserve the sole and exclusive right to designate which charitable organization is chosen. 

** CLOSING COST PROGRAM: Offer to pay Closing Costs is subject to borrower’s qualification for the Program. Not all borrowers will qualify. All programs valid only in Florida. Additional terms and conditions apply, call for details. Closing Costs Program cannot be combined with any other offer. For any Closing Cost Program, Randall Wiggins will issue a lender credit at closing in the amount determined by the Closing Cost Program for which borrower qualified. Not valid on Non-Qualified mortgages (Jumbo, Alternative Document, Reverse Mortgage, Manufactured Homes, Condos, or HELOC mortgages). The following charges always remain an expense to the borrower and are not Closing Costs: rate discount costs/discount points, prepaid items (including mortgage insurance premiums, interest, property taxes, homeowners insurance, and any escrow accounts), Upfront Mortgage Insurance Premium (UFMIP), funding fees, the payment of a mobile notary fee if the selected closing agent has an office which serves the area, or additional non-standard services requested by the purchaser.