Understanding Incentives: Cash Backs

Cash backs are offered as an additional discount on top of the purchase price and will be adjusted on closing.

For Cash Backs, it is important to note that the deposits you pay will be based on the full purchase price BEFORE the cash backs. Example: If you have purchased a suite for $300,000 with a cash back of $20,000, you will pay the deposit (typically 20%) on $300,000 and not $280,000.