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In the state of New Jersey a purchaser is obligated to pay any applicable taxes for receipt of the real estate cash back rebate and the purchaser should contact a tax professional concerning any possible tax implications of receiving the rebate.
To receive the cash reward, customers must close their real estate transaction with a referred real estate agent. Due to state regulations, the reward program is not allowed in AK, AL, KS, LA, MO, MS, NH, OK, OR, RI, TN; however, if you choose to sell your home in these states through a SIRVA-referred broker, the benefit will be provided in the form of a reduced real estate commission. You are not required to use SIRVA Mortgage, Inc. in order to receive Real Estate Rewards. However, if you use both SIRVA’s preferred real estate network and SIRVA Mortgage, Inc. (an affiliate of SIRVA Relocation) to purchase your home in these states, SIRVA Mortgage, Inc. will issue you, at closing, a credit in the amount of $50 for every $10,000 of your home purchase price, in addition to any other closing cost credit provided by your loan program. None of these programs are valid for corporate-sponsored relocations, individuals using SIRVA’s consumer product or mobile homes. The minimum home value must be above $75,000. Visit website or call for details.
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