How To Negotiate Your Closing Costs

What really is an escrow, is that an additional $1,000 on top of the mortgage

What about indemnity protection on open violations hazards ? Do banks absorb this in their insurance or buyer pays this insurance ?

Thank you again

Would someone that asks for closing costs of 7800 and I counter it to 3500.. does that sound reasonable?

Is a commitment fee a thing? would it be possible to negotiate this fess

Very professionally done video thank you sir!!

If you waive your escrow account can you add it next year?

Can you do a video about rolling your closing cost into your mortgage ? Explaining why or why not this is allowed

most mortgage brokers aren't interested in providing the loan estimate upfront because of the choices that the buyers have in today's market. what to do with it?

Nope,, he's just another stack your cost on top.

i have an FHA loan and my finance company gave me a "worst case scenario quote" in something they call a Total Cost Analysis, yet i get my loan disclosure and my closing cost is almost 2 grand higher than my so called "Worst case scenario" which would you think is more trustworthy?

First time buy here. I am Going for FHA loan. I have a high (750 credit score) Should I negotiate and make the lender pay the closing costs by raising the rate?

Wow, pre-pandemic Kyle. Kyle, is seller's credits and/or negotiating some of the costs a thing given the current hot housing market? Sorry if I missed that in a newer video.

Hi Daniel, first time home buyers here. Do you provide a service where you go through the loan document and help us negotiate ?

Why does the buyer have to pay the appraisal fee, the burden should be on the bank.. they’re the ones giving the loan and want to make sure the property is worth it ... 😅

Can I ask my realtor for closing costs help? He written up a contract asking for 3% from the seller? Should I still ask him for closing costs help ?

Super helpful, thank you sir!

Is it possible to waive the escrow if it's for a fha203k ?

If seller is paying closing costs do they write a check directly to closing

Thank you for this. I will try to lower my $7.8k closing costs down by getting rid of escrows and finding a title company.

Great content as always Kyle! I'm currently trying to decide which lender to go with based on the loan estimate the gave me. I sent you an email with my question. Please help 🙂

Can you wrap closing costs into your VA loan?

I'm looking to do a cash-out refinance but my lender will only give me 60% of my equity because of my debt to income ratio can I negotiate this to a 75% I have good credit

1st time home buyers here! We are under contract on a house and had to go in 10k over asking and with us paying for closing costs. (Several other bidders). Not on just this house, utah housing market is like this on all the homes. The house is well within our budget we have 2 incomes but looked for mortgage payments for just 1 income. We are completely debt free and have our 4 month Emergency savings and our down payment. We even have enough saved to pay for closing costs. Right Were on the appraisal part of the contract. My question is: Is there any wiggle room with negotiating the seller or lender to reduce our closing costs or is it too late? And because we have the extra money saved to pay for closing costs would it even make sense to ask them to lower the amount because I heard the amount doesn't just get waived or go away it is put back into to your loan amount is the correct? Thank you and we really appreciate all your videos

Just use costco mortgage

The title search for the buyer is being done by the seller's lawfirn where she works as a paralegal. In that case, is it too crazy to ask the seller to all buyers closing cost?

How does having a high credit score helps me negotiate these closing cost?

Kind of vague tbh. Not a huge help but your video kind of makes us ask more questions and if the lender is hungry he can definitely screw you out of thousands.

Excellent help!

When does the estimate become carved in stone?

Thanks😎

I didn't even know you can negotiate closing costs.

Great video and explanation. thanks

Super helpful. Thank you.