How to save 5-10% off your new home!

Buying a home is a big investment, but with the right approach, you can save 5 to 10 percent off the total cost. Here’s how! 

One of the best ways to save is by buying in a buyer’s market. This is when there are more homes for sale than there are buyers. It gives you more room to negotiate. Homes may sit on the market longer, and sellers may be more willing to offer price reductions or cover your closing costs. While these markets can feel uncertain, they’re often the best time to buy if you’re focused on value.

Another key to saving is working with a strong real estate agent. A good agent can negotiate on your behalf, ask for seller credits, and guide you through the process. Look for someone who explains things clearly, takes time to understand your goals, gives you options, answers your questions, and stays organized. The right agent can make a big difference in what you pay—and how smooth the experience is.

Just as important is finding a knowledgeable loan officer. A mortgage broker can shop around for better rates and terms, and in some cases, offer lender credits to reduce your upfront costs. A good loan officer will explain your financing options, listen to your needs, help you understand your numbers, and stay on top of rate changes. Like with agents, communication and organization are key.

In short, you can save a lot of money by timing your purchase wisely and surrounding yourself with a skilled team. Ask questions, stay informed, and don’t be afraid to negotiate. Small decisions add up to big savings.