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To be eligible for the Real Estate Agent Rewards Program, the following registration guidelines must apply:

  1. The online registration is valid for six months. It is the responsibility of the Agent to re-register his/her Clients after the expiration date in order to be eligible for any applicable Schell Brothers Rewards Program(s).
  2. The Customer visited a Schell Brothers/Kincade Homes community and/or Branch Out Division as a result of the Agent's recommendation.
  3. The Customer was registered by the Agent before or during the Customer's first visit to a Schell Brothers community.
  4. The Customer acknowledges, that the Agent referred him/her to a Schell Brothers/ Kincade Homes community and/or Branch Out Division.
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  6. The Customer has been presented with a Customer Information Sheet (CIS).
  7. Schell Brothers reserves the right to pay the broker commission prior to settlement after contract ratification and receipt of a mortgage pre approval and/or proof of funds available to settle on the property. However, in the event the Customer terminates the contract, defaults on the contract, or does not settle on the property for any reason, Agent/Broker agrees to reimburse Schell Brothers for the full commission paid. Agent also reserves the right not to be paid prior to settlement.

* All information subject to change without notice, certain exclusions may apply. See Sales Team for more information. Commission and/or bonus is pre-paid for non-contingent contracts only upon receipt of all deposits and pre-approval or proof of funds to close. We reserve the right to reclaim commission and bonus if sale does not go to settlement. Accordingly, the Agent may elect to defer payment until after settlement at his/her discretion.

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5 Benefits of Investing in a Model Home Leaseback

By Vicki Wilkins

The Kingfisher Model Leaseback at Parkside
Ready and eager to buy a home, but due to you’re current circumstances you’re just not ready to move today? That’s perfect!
With our model leaseback program you can purchase your home now and we’ll pay you a monthly lease to use it as a showcase home and sales office, typically for 12 months or more. Here are 5 benefits of purchasing a model home and leasing it back to us:

1. Take advantage of today’s prices and low interest rates

The bottom in home prices has come and gone. Home values will continue to appreciate for years and waiting no longer makes sense. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are all in unison projecting that mortgage rates will be up a full percentage point by the end of 2015. An increase in rates will impact your monthly mortgage payment and buying power. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

2. Profit from appreciation

According to a recent home price expectation survey, appreciation in home values is projected over the next five years to be between 15.1% and 32.8%. By the time you move into your home, you most likely will experience appreciation and added value to your investment.

3. Tax advantages (mortgage interest deduction)

There are tax benefits of home ownership since the mortgage interest is deductible on your income taxes if you itemize. You can deduct the interest up to one million dollars of home mortgage debt, whether it is used to purchase a first or a second home.

4. Generate income before you move in

With monthly lease payments from the builder, you’ll have the luxury of cash flow and monthly income before you move in. Also builders make great tenants:)

5. Upgraded and fully furnished

A model home is often located on a premium homesite in the community and LOADED with custom options. At the end of the leaseback it will be move in ready! Professionally decorated and furnished, everything is in place and ready to go, just bring your personal items. No need to spend time shopping for window treatments or furniture.

Model Leaseback Opportunities

If you’re ready to invest, check out our model home leaseback opportunities.

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