Quote:
Originally Posted by Lono
I dont recall the exact amount on the last closing cost, that was built in with my loan. However, I do know that the closing cost was split between myself and the seller last time. And as for the furnace, I have a wood stove sitting just waiting to go in if need be. I'm not a complete idiot, I just didn't know the in's and out's like some of you do. I am hoping to get a good rate and any tax break I can get out of it, if we decide to go the buying route.
Basically last time, I walked into my bank with a 700+ rating and said i want to buy a house with no down payment. They had some kind of program for first time homebuyers. That's all I did. I want to be smarter this time and not just go the convenient route.
|
Go
several routes and let everyone involved know that you'll be playing them against each other. Don't reveal specifics. Just stick with something like, "If you're sure that's the best you can do, I'll weigh this offer against the others and let you know if I decide to go with it. If you think we have to adjust anything before I make my decision, feel free to fax or e-mail me the supporting documents so I can go over them with you when you call."
Get everything on paper and if they pull anything new on you at closing, walk away.