Best Way to Save Money When Buying a Home
7 November, 2022
Home buying is expensive, stressful, and takes a lot of energy. Chances are that this purchase is going to be one of—if not the—largest purchases in someone’s life. Everyone needs a place to live, and buying a house is often a better idea than trying to rent.
If purchasing a home in the Colorado Springs area, Buyers’ Slice Realty is the best way to save money when buying a home. We help to cut out the middleman during the home buying process while simultaneously working hard to help with the purchase at every turn.
The good news is that it doesn’t have to be as scary as it feels. Keep reading to learn more about Buyers’ Slice Realty and how to save money when purchasing a home.
How to Save Money When Buying a Home
Homes are expensive, but thankfully, there are a lot of methods to getting the best rate possible. Just remember to always do a lot of research and get everything in writing, so there is no chance of misunderstandings or openings for shady practices.
Send in a Negotiator
Every day that a listing stays on the market is money lost. That means that builders, agents, and everyone involved wants to close a deal as soon and as smoothly as possible. Having someone to help negotiate, handle the paperwork, and close the deal quickly guarantees you’ll secure the home of your dreams on your terms.
Wait for the Best Time to Buy
The market shifts throughout the year. Keeping track of market trends while saving for a down payment and closing costs is a great way to make sure that buyers get the best deal. Don’t just keep an eye on the housing costs themselves either. Also be sure to keep an eye on mortgage interest rates and know how much house can reasonably be afforded. Working with a buyer’ agent, like Buyers’ Slice Realty, can help make all of this a breeze.
Use All the Tools Available
The internet can only go so far. In hot ticket areas, chances are that once a listing goes live on popular real estate websites, it’s already got a potential buyer. Check out multiple sites and get help from a professional to use their tools in order to get the first peek at the market. Buyer’s Slice Realty has firm roots within the Colorado real estate community and can help get you listings and viewings.
Look into New Home Discounts
The bank wants to protect its investment as much as possible. That’s why there are so many checks involved with getting a mortgage in the first place. Some lenders will offer a new home discount for new construction, as it’s not going to have the same sort of issues that an existing build will have.
Don’t Forget About Rebates
Oftentimes, there are rebates available depending on what mortgage lender was chosen, which agent helped with the process, and even what builders you choose. Don’t be afraid to shop around and ask about potential rebates, as these could save a lot of money.
Here are a few types of rebates to consider looking for:
• Commission rebates
• Buyers Agent Commission Rebate
• Home Buyer Rebate
• Realtor Rebate
These are not necessarily all of the rebates that might be available, but they are popular ones.
Buyers’ Slice Realty is the Best Way to Save on Buying a New Home
There’s nothing like getting professional help when looking to purchase a new home. If buying a home in Colorado and looking for new home builders in Colorado Springs, consider Buyers’ Slice Realty.
Buyers’ Slice Realty was born out of the realization that industry fee structures for real estate were not keeping up with how Colorado homebuyers do business. As more self-directed buyers forgo the services of a traditional realtor, Buyers’ Slice offers only the services you need. The result? More cash in hand for the home of your dreams. Forget the bottle of wine at closing from your real estate agent. We know what homebuyers value most. Ready to save big? Contact Buyers’ Slice Realty today!