Rebates are legal and non-taxable if handled correctly.
Rebates in cash are illegal, they constitute fraudwhich is criminial
They must be in the contract to purchase
They must be on the Settlement Sheet (HUD-1)
This makes your home cost less!
"Full Disclosure" is what makes them legal
Your mortgage originator must be advised of the rebate
To be non-taxable they must apply to the purchase price of the real estate. This does not include personal property such as washers, dryers, drapes, etc.
Rebates are possible by using cost savings high tech and high volume
Affordable Brokerage Company has been successfully offering rebates since 1996
Other companies try and quit when they have to discount service