Buying property can feel like a whirlwind, but don’t worry—I’m here to help you navigate through the process and offer some insights along the way.  Here’s how you can keep more money in your pocket by saving money on closing costs:

• Comparison shop lenders: Besides hunting for the best interest rate, look into the vendors each lender uses for fees like surveys, title searches, and title insurance. You might find a better price elsewhere, and you can ask to switch vendors.
• Shop around for different real estate lawyers: Don’t settle for the first quote you get. Compare prices to get the best deal.
• Compare home insurance quotes: Make sure to check various options to find the most competitive rates.
• Negotiate with the seller: Sometimes sellers are willing to cover some closing costs, especially if the property has been difficult to sell. It never hurts to ask!
• First-time home buyer incentives: Check for any special incentives available to you.
• Close at the end of the month: This can reduce the amount of interest you pay before your first mortgage payment.
• Ask lenders about incentives: Some lenders offer perks like cash back or waiving fees if you choose to borrow with them.

While some closing costs, like taxes, are non-negotiable, there are plenty of ways to save. With a little effort, you can reduce your closing costs and step into your new home with a bit more money in your bank account.