Attention Spring Home Buyers: ENTITLE DIRECT Releases Closing Cost How-To for Home Buyers, Sellers and Refinancers

The Smart Consumer’s Guide to Reducing Your Closing Costs will help consumers save significant money and demystify the closing process

STAMFORD, Conn.–(BUSINESS WIRE)– Buying or selling a home can be a complicated, lengthy process with seemingly too much paperwork. That’s why consumers who wait months and jump through hoops are often shocked by what they see as exorbitant charges – known as closing costs – at the end of the transaction. To remove the shroud of mystery from the confusing closing process and to save consumers hundreds or even thousands of dollars, ENTITLE DIRECT today released the free Smart Consumer’s Guide to Reducing Closing Costs.

As America’s first direct-to-consumer title insurance company, ENTITLE DIRECT released the Smart Consumer’s Guide as a layman’s bible for closing costs and a must-read for homebuyers or sellers. The Guide defines each of the individual charges associated with the real estate closing process, including expensive hidden fees. For every charge, the Smart Consumer’s Guide explains whether or not that cost could be shopped, waived, negotiated or passed on to another party, all without the usual legalese. Smart Consumer’s Guide readers will discover that many expensive closing costs can be mitigated significantly. Consumers could save thousands of dollars by following simple tips, such as:

1. Those looking to purchase or refinance should shop around for all items involved in the closing cost process. It’s important to keep sight of cost versus offering: it doesn’t always make sense to aim for what seems cheapest.
2. Buyers or sellers should compare vendors to receive services for a far lower cost, including pricey fees for title insurance and settlement services, and negotiate other costs such as wire transfer fees.
3. Buyers may get sellers to take on a good portion of the fees associated with the closing process or a percentage of the total closing costs. This option should always be considered when conducting overall negotiations with the seller.

“We published the Smart Consumer’s Guide because consumers should know what they’re …read more

Source: FULL ARTICLE at DailyFinance