Comments on: Home Closing Costs: How to Save Money on Closing Costs

By: Ben @ CD Rates

Ben @ CD Rates — Thu, 30 Sep 2010 22:29:40 +0000

It is important to understand ysp and use that to help negotiate fees. YSP can be a super powerful tool if you understand it.

By: chris@mortgage advice

chris@mortgage advice — Mon, 08 Feb 2010 12:24:35 +0000

Settling on a mortgage is never an easy decision but if you prepare yourself using the information provided then you have a better chance of saving quite a bit of money along the way. It is always a good idea to know your credit score before talking to a mortgage advisor because if there are any inaccuracies you can notify the credit referencing company and make the corrections as the mortgage advisor will check your credit information to know if you are secure enough to borrow the money to. .-= chris@mortgage advice´s last blog ..Adjustable Rate Mortgage Loans – Understanding The Basics =-.

By: Jeffrey Ragan

Jeffrey Ragan — Tue, 27 Oct 2009 01:20:35 +0000

When it comes to mortgage closing costs, the buyer should be sure to ask for a good faith estimate at the beginning of the mortgage process and just before closing on the loan. Some costs can change and the buyer needs to be aware of this before the actual closing so there are no surprises. Hi Teresa: Great post on closing costs. Sadly many first time home buyers do not understand all the cost involved in closing a mortgage. Please everyone, be sure to get a good faith estimate at the beginning of the mortgage process and again just before closing on your loan. Many of the costs can change and this way you will know exactly how much you need at the closing table. Mortgage Closing Cost .-= Jeffrey Ragan´s last blog ..First Time Home Buyer Programs abound, which one is best for you? =-.

By: Bruce Dietz

Bruce Dietz — Tue, 29 Sep 2009 00:55:55 +0000

First time buyers seem to have more difficulty providing the closing costs than other buyers. The reason for this is multifactorial.
#1 Naivety–They had no idea this fee existed–much less that they would be responsible for it–and have not calculated it into their budget.
#2 Lower Income–They tend to be younger and have lower earning power than older people who are established in their careers. Therefore, they don’t have as much disposable income to save toward covering the closing costs.
#3 Lack of Discipline–They want to buy a house, but are unwilling to make the necessary concessions in their lifestyle to make it a reality.
.-= Bruce Dietz´s last blog ..Awesome 4 BR 3BA All Brick Rancher in Columbia County =-.

By: Amanda Covey

Amanda Covey — Sat, 26 Sep 2009 16:00:22 +0000

It is always wise to ask for help with the closing cost for your clients.
Ask for the max allowed and your will then have a good stepping stone to get some closing costs paid and maybe all the closing cost paid by the seller.

By: Charles@Las Vegas Real Estate

Charles@Las Vegas Real Estate — Mon, 21 Sep 2009 01:14:10 +0000

That is correct Indy, especially here in Las Vegas. Most homes on the market are bank owned, and quite a few of them will pay closing costs. One thing you need to remember is that some of the closing fees are more now, so 3% may not cover everything.
.-= Charles@Las Vegas Real Estate´s last blog ..Las Vegas Property Auctions – Deal or No Deal? =-.

By: Indianapolis New Home Builders

Indianapolis New Home Builders — Mon, 14 Sep 2009 20:08:56 +0000

In this market, most sellers will agree to pay your closing costs. You never know if you don’t ask!