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Complete the form below to conveniently register your clients for multiple communities in a single submission. Additionally, kindly review and agree to our Terms & Conditions to unlock eligibility for our exclusive Real Estate Agent Rewards Program. Experience a hassle-free process with us - it's as straightforward as that!

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Note: By registering your customers, you’re agreeing to the terms outlined in our Real Estate Agent Rewards Program. Clients will be sent an email confirming they have been registered by you as their real estate agent.

Terms & Conditions

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.
  5. Schell Brothers/Kincade Homes will only pay one Broker commission per sale. In the event the customer is registered by multiple Agents, Schell Brothers will pay the real estate agent designated by the customer at time of contract.
  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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Schell Brothers named 2023 Builder of the Year by PROBUILDER Magazine. Read the Article
All Communities

Home to sell? Here’s a smarter way.

By Lynn Cattafi

Lynn is In

“My home isn’t sold and I don’t want a big mortgage, so we are going to wait”.  

When you decide to build a new home with Schell Brothers, and still have a home to sell, there are many ways to get a head start on the process with a transition build that will benefit you financially. One of your options with a transition build is to use something called a principal curtailment, also known as loan recasting, if your lender offers it, once you’re home sells.

Let’s look at a common example of how this works. 

Principal curtailment, are also known as loan modification or recast. Lenders tend to use these terms interchangeably, but it is a way, after closing, to reduce the principal balance on your loan and have that lower principal balance reflect in a lower monthly payment. Normally if you pay down a fixed rate loan, it just pays you forward, but does not lower the monthly payment. That is why the principal curtailment is so beneficial for buyers that expect to pay a large sum down on the new home after closing.

Not all lenders will do this. Those that do, don’t advertise it. It can generally be done not long after closing with just a phone call to the lender and a small one-time fee (often $175-$300). The nice thing is that you would keep the SAME interest rate and the same place in the payoff schedule, and it does NOT require a refinance! Nice, huh……who knew!

So, in the event your property is not sold yet, and as long as you can qualify for a higher loan amount temporarily, you can move ahead with the comfortable knowledge that you will be able to recast into the loan payment that you want soon after you are in your new home.

This relieves a big worry you have had tucked in the back of your mind! You may carry a higher loan for a short period of time, but:

You don’t have to liquidate investments (but this is also an option).

You don’t have to go through a refi or an equity line on your current home to get the cash (but this is also an option too).

You don’t have to miss out on today’s rates or today’s home pricing.

You can pay down the loan after  the Schell Brothers settlement to meet the payment needs that you want to live with long term.

Please feel free to reach out to me with questions, and know that there is a wonderful option for you so that you no longer have to put your life on hold! Happy Building!!

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