We are all guilty of it… although we are the buyers and we have choices we act as the mortgage borker or bank is doing us a favor. The reason is because we want the house so bad and are worried about qualifying and getting a loan that we treat them as if they were doctors and giving us our annual check up. Scared and afraid of the results.

Now of course if you are one of my clients or readers that have so much money and or confidance this may not apply to you but the article I read does.

You need to take control and keep saying to yourself I am the buyer and make demands like you are the buyer. Say things like I want an answer by…. your prices are out of line go back and rework them. etc etc. Always get three quotes and never take the first quote given to you because they say he can get you the loan. If he can so can others. If you have a friend, relative (although I do not recommend you work with a close friend or a relative on a mortage or your Realtor) save them for last and shop around for the best price and tell them what they need to match or beat.

I have plenty of articles about choosing a mortgage banker or a Realtor just drop me a line, bob_schmalz@wlaregroup.com, and I will send them to you. Also there are plenty of articles about what closing costs are and how to read a closing statement. The article I have posted, here is the link;  Curbing Closing Costs , will go through the closing costs with an eye towards saving you money. Closing costs are not fixed. Work with your Realtor and negotiate for the best price.

We sometimes forget beacuse we are spending upwards to 1/2 million or a million dollars who cares about $1000 here or there. If you werent buying a house would you negotiate to save $1000?  Of course you would