:::: MENU ::::

3 Ways to Save Money When Buying a New Home

by

Buying a new home is an exciting chapter in anyone’s life, but there is no denying that it can also be stressful. One of the most stressful and overwhelming aspects of purchasing a home is considering your financial status and whether or not you can afford to make such a purchase. Buying a new home can be expensive, but there are ways to save money in the process! Keep reading to learn some tips for saving money before hiring Black Tie Moving and beginning the process of making a move to a new home. 

  1. Find the Best Real Estate Agent 

Finding a great real estate agent is the key to making the process of buying a new home as simple as possible. A real estate agent can not only help you find the best possible home that fits all of your desired criteria, but they can help you during the process of searching for a home and can help you save money. To find the best possible real estate agent in your area, it can be helpful to read reviews online, as well as to ask around for recommendations from your family and friends to learn what real estate agents they have used. Some agents even offer discounts for clients who have been recommended by former clients.

 

  1. Buy at the Right Time 

Most homes are purchased during the spring and summer months each year, meaning that at this time, most homes sell for more money. Many people do not realize that the housing market has an “off season,” however many real estate agents consider the winter months to be the best time for purchasing a new home due to the lower cost. Purchasing your home from November to March can help you save quite a bit of money. 

 

  1. Negotiate Closing Costs

When it comes to buying a new home, closing costs can be one of the biggest expenses. Luckily for homeowners and new buyers, this is also one of the costs that can most often be negotiated. The most common closing costs often include attorney fees, total interest, lender fees, and title fees. Don’t be afraid to attempt to negotiate this cost, as many fees are partially (if not entirely) negotiable, and avoiding paying the total cost of these fees can save you a huge chunk of money on the overall cost of your home. 

 


So, what do you think ?