Negotiation seems like a lost art form, and it can change how much you pay on everything from hotels to insurance. By arming yourself with comparison information, inquiring about specials or simply asking for any available discounts, you can save yourself money on some of the most expensive purchases. Here are five areas of your life where a bit of verbal elbow grease can completely change your life.
Horror stories often abound when house hunting enters the conversation. Whatever you’ve heard, it’s natural to feel a little apprehensive when making what could be one of the biggest purchases in your life. If you’re in the market for a home, follow these tips to drop the drama at the door during your search for a home.
Mortgage closing costs are fees charged by the lender, to you, for services that must be performed in order to close your loan. You might be curious about how they’re determined and what’s included, so let’s go over what you can expect on a typical mortgage transaction when you buy or refinance a home.
An escrow account is an account held by a third party who manages the funds. Mortgage escrow accounts are held by your mortgage lender or other escrow holder to pay your property taxes, homeowners insurance and possibly homeowners’ association fees (if you have them). Payments are made to the appropriate parties when they’re due.