When Katie and I started R+K, we had an idea to leverage technology and change in the real estate industry to the benefit of our clients. We came up with a Buyer Gift Rewards Program to do just that for our Buyer Clients! This is a powerful program designed to work like grant money after buying a new home. We think that no matter the price of the house being purchased, it's a welcome tool to help impact the financial burden of buying a new house.
This week we added a new option to the Rewards program. It's called Closing Cost Credit. It works just the same as the Gift Card program, only now points can be redeemed for credit against closing costs! I'll throw up an example below:
This example shows an average home in Lawrence and what closing might look like with a 3% Down Conventional Loan. The average buyer is going to have around $4,000 in closing costs in order to obtain a mortgage. In this example, we're going to help cover up to $2,000 of those closing costs!
So, you can see that this isn't some token rewards program. This is a powerful option for home buyers! Almost everyone has something to buy after purchasing a new home. Sometimes that's tougher than others, and when a good chunk of money goes to closing expenses, we think that just about anyone could benefit from our programs!
Real Estate IS changing. No doubt about it. What we do at R+K might sound a little crazy. That's because no one's ever done anything like this here. And, I can promise that despite it sounding too-good-to-be-true, it's legit. It's also legal. I know because I passed by my attorney! So if saving money like this is something that interests you, give us a shout!