Your dream of having two houses can now come true with the help of realtor rebate. This idea may sound a bit complicated bordering. However, if you use the right strategies, deal with the right kind of firms and use your realtor rebate wisely, you will surely get your second home without the need to give up your first home and more importantly, without the need of spending a single dime.

Yes the economy may below but recession is on its way out of the door and it is undeniable that the real estate market shows signs of recovery. It’s a buyer’s market and if you consider the fact that mortgage rates are at its lowest at the same time government incentive and realtor rebate are offered left and right, you can surely come up with ways on how to get your second house without touching your savings.

First thing that you need to do is to acquire HELOC. A lot of banks offer HELOC and if you have owned your house and are good in paying your mortgage, you surely have an accumulated equity for that particular house. Do your research and look for banks that offer no HELOC application fees. Do check the rates and deal with the bank that has the lowest rates. Since HELOC will be counted as if it’s your own money, apply for the highest possible HELOC and use it as a down payment for the second house that you plan to purchase.

Just like HELOC, acquire a pre-approved mortgage. If you have a stable income, you will surely be approved in no time. Again, look for institutions that have no application fees and low rates. This will help you make both ends meet.

Look for a realtor that offers high realtor rebate. Some realtors give rebates in form of checks, cash or even gadgets. As the realtor won\’t get paid unless you settle in the house, you can make him increase the rebate by looking for your own house. This will make your realtor\’s job easier thus they will be more inclined to give in to your demand of realtor rebate.

Live by your means and settle in a house that you can afford. After you have settled in your new house, you will then be entitled to a government rebate.

Bear in mind that your HELOC needs to be higher than new house\’s 20% down payment and closing cost. Your next step is to get a mortgage with the lowest APR. Do not settle for fees over $750 or else you will be on the losing end.

No that you have two homes, have the first one rented out. By doing this you get to have the insurance mortgage and tax of the first home all covered up. These are some of the wonderful benefits of Realtor Rebates. I would recommend visiting http://www.i-agent.com/learn-more-about-i-agent/how-it-works.html to learn about your realtor rebate and how it can help you in home ownership.

Author Bio: Jonathan Hawkins writes on various topics of Real Estate. Including the recent Realtor Rebate that has been seen in the Washington D.C. real estate market. Visit http://www.i-agent.com for more information.

Category: Real Estate
Keywords: realtor rebate, washington dc real estate agents, dc real estate