5 Key Takeaways: How to Negotiate to Cut Costs When Closing on a Home
Briefly

Homeowners can save money in the home buying process by negotiating key aspects of the transaction. Consulting with a home loan officer can provide insights on negotiating repairs identified in home inspections, which may result in lowered costs for buyers. Negotiating who pays for closing costs can alleviate financial strain. Additionally, buyers can discuss adjustable closing dates, allowing for convenient timelines. Including home contents such as appliances or negotiating seller contributions to home warranties can further enhance affordability.
Repairs revealed in a home inspection can be negotiated with the seller, potentially saving the buyer significant costs. Buyers should leverage inspection results to discuss repair responsibilities.
Negotiating closing costs allows flexibility in determining who pays these expenses, easing the financial burden on the buyer. This can help make the purchase more affordable.
The closing date is negotiable, providing an opportunity for both parties to agree on a timeline that suits their needs. This strategy can facilitate a smoother transaction.
Read at SFGATE
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