Closing costs can be unexpectedly expensive, but fortunately, there are ways to budget and save on them. Instead of paying more than you have to on the home of your dreams, the following tips can help you save extra on this expensive part of the buying process.
Plan Your Closing Time
One part of your closing costs consists of interest for the time between your closing date and the end of the current month. To reduce your out of pocket costs, opt for a closing date closer to the end of the month to minimize this prepaid interest.
Sign in Person
You may be able to reduce your closing costs by asking your escrow company. Contact them at the very beginning of the process to discuss all of the fees you will be charged. Then agree to use any electronic documents and sign in-person to potentially avoid fees for printing and mailing.
If you are concerned about the closing costs associated with your home purchase, contact our real estate attorney in St. Johns County. At Baron Bartlett, P.A., we have been assisting those with all of their real estate law needs since 1980. We can handle a variety of transactions and cases, so call our team today at (904) 285-9993 to schedule a consultation.