If you love to rack up those free air miles AND you're planning on buying a home soon, you may want to ask your lender if they offer travel miles as a perk.
There are many lenders including LendingTree, Washington Mutual, Wachovia and Chase who will give you 1,000-1,300 air miles for each $10,000 of your home purchase loan amount up to a maximum of 25,000 miles. Programs vary, depending upon the lender and air carrier. E-Loan will give 1,250 miles for every $10,000 borrowed on a home equity line of credit, refinance or purchase.
In a residential transaction, home buyers can receive 10,000 miles for each $100,000 of the home purchase sale price when using an approved participating real estate agent. Affinity companies, including Tacoma-based Miles4realestate.com, say the miles provide an innovative real estate marketing opportunity with absolutely no risk to the seller. Still, you may want to ask your lender if there are any extra fees wrapped into the loan to pay for those air miles.
Single adults face unique challenges when buying and selling a home. I know because I've done it myself, & a significant portion of my clients are single. This blog provides news & information you need to help you achieve your real estate goals. Alice Kuder, REALTOR®, Green. Prudential Northwest Realty Associates, Seattle, WA
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