Builders must offer the same incentive to everyone

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In the past builders could offer an incentive to a buyer if the buyer agreed to use the builder's mortgage company. As of January 16th, 2009 builders who have a partial of full ownership interest with a lender are not allowed to offer an exclusive incentive that requires buyers to use their lender.

Builders must now offer the same incentives (closing costs - upgrades, etc.) to all buyers regardless of who the buyer uses as their mortgage lender. This new rule is a result of HUD's final RESPA ruling.


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Watson Title of Orlando provides great service.

Having a great title company as part of our family of services is a benefit to the customer as well as to the agent.

However just because we are affiliated with Watson Title Services, does not mean we receive any extra compensation for transactions closed by Watson Title Services.

Other Title Companies are finding out the hard way why they should not attempt to compensate Realtors for business as reported in the Orlando Sentinel.


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WATSON REALTY RANKED #12


- Greg Staker - Watson Realty Corp. - 407-304-0255