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Its The Maples!

Adventures of a 🇨🇦 Expat Family in Portugal 🇵🇹

Tips for Negotiating Closing Costs

When buying a home, many people seem to have tunnel vision on the list price and focus on nothing else. However, the list price isn’t the only thing you have to worry about when buying a home, as there are a wide variety of other expenses you need to pay. These expenses are known as closing costs, and they can vary wildly depending on the home and the seller. If you’re not properly prepared for closing costs, they can really do a lot of financial damage to you. However, with some good negotiating tactics, you may be able to lower closing costs to a much more manageable level. So how exactly can you negotiate for lower closing costs? Let’s take a look.

Contents hide
1 Have the Seller Contribute
2 Shop Around
3 Close at the End of the Month
4 Factor Costs Into the Mortgage
source: pixabay

Have the Seller Contribute

One of the best ways to get around paying less in closing costs is by getting the seller to contribute some money. Rather than negotiate with your lender about closing costs, this idea has you negotiating with the seller. A seller may be reluctant to cover some of the closing costs, as it’ll eat into the profits they gain from selling the home. However, if they fear the deal may fall through, they may contribute just for convenience’s sake and to close the deal. Be careful not to ask too much, though, as you don’t want to add too many new factors to their seller closing costs calculator since it could jeopardize the deal. However, if done correctly, negotiating with a less experienced seller and getting them to contribute could be a much easier prospect than negotiating better rates with an experienced lender.

Shop Around

When making any big purchase, you should always shop around for the best deal. If you engaged in talks with a lender, then you don’t need to limit your conversations with just them. Shopping around and finding different vendors can find you better rates and may even land you a lender with fewer fees. You can then go back to your lender, using the lower rates as leverage. Some lenders will match any deal you find, while others will turn you away and make you switch. Regardless of what happens, you’ll be saving money, sometimes upwards of a thousand dollars.

Close at the End of the Month

One of the best ways to pay less for closing costs is to close at the end of the month. While this isn’t really a negotiation tactic, it still is a great trick to spend even less on closing the deal. First, you’ll pay less in prepaid interest since there are fewer days between the day you close and the end of the month. In fact, just delaying your closing a few weeks and wrapping everything up at the end of the month can save you a few hundred dollars. The lower closing costs can open up some financial flexibility for you, allowing you to spend that money on other closing costs or in other areas entirely

Factor Costs Into the Mortgage

A last resort that you may want to consider is folding your closing costs into your mortgage. This idea has obvious advantages and drawbacks. On the positive side, taking out slightly extra to cover closing costs can quickly eliminate a major headache for you. This can be especially helpful if you’ve exhausted all of your savings on the down payment and have little money to cover the remaining costs. However, the major drawback of this idea is the money you’ll have to pay back in interest. Since you’ll have a slightly bigger mortgage, you’ll end paying even more in interest. As a result, in the long-run, this idea will actually lose you money in exchange for temporary convenience. That being said, in certain scenarios, this could be a good option for you to close the deal out.

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I lied. I said I would be posting more pictures so I lied. I said I would be posting more pictures soon after my last post and now it's literally been another month and a half! 🤦🏻‍♀️
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I still really underestimate the time it continues to take us to get settled in a new country and all the stuff we need to do (yup, we are still in our car 🚗 dilemma but hoping to get it resolved tomorrow - after today's holiday!) 
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As I mentioned in my last post, which contained the only family picture we took from our first beach day ☀️🌊🇵🇹 in Portugal in November 2021, it has taken me almost 5 months to recover from all the "newness" to start posting on a regular basis. 
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So here you go, some more of our "other" pictures from this beautiful day that found us discovering this gorgeous beach but also getting stranded there at nightfall. ✨🌘
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Thank goodness, the owner of the beach restaurant drove us home after taking pity on us, but that's a story for the blog and another day! 😅😅😅
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Thanks to you all for following our adventures (mainly on FB right now) and if you feel inclined, I'd love to know what "oops" type situations you've found yourselves in when travelling! ✈️🧳
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#portugal #portugaltravelers #portugaltravels #portugal🇵🇹 #familytravelblog #portugalguide #familytravelbloggers #portugaltravel #familytravel #familytraveltips #movingtoportugal #learnportuguesewords #travelingfamily #portugal_lovers #familytravelblogger #portugal #portugaltravelling #portugalfoodandtravel #portugaltravelpt #travelfamily #travelfamilyblog #familytravelling #learnportuguese #movingtoportugalsoon #learnportugueseportugal
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Sent via @planIoly #planoly
Hello from Portugal!! 🇵🇹
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If you've been following "It's The Maples" you know that we are a Canadian family who up until recently lived in our beloved Nova Scotia after making a spontaneous move from downtown Toronto almost 13 years ago!
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Well, new news...Back in late September/early October of 2022 we made another BIG decision to move our family to Portugal.
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Since my husband and I have worked full-time from home since University, with our online marketing and content creation company, the move was easy enough to make - at least from a work standpoint because all we need are our phones, laptops and internet connection- but more on the many other unforeseeable hiccups we encounter later!
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That said, the minute I stepped off the plane I, of course, thought that I would start sharing our experiences right away...but with the excitement, the ups and downs and the complete culture shock, it has taken me over 4 months to even begin to write my first post here on Instagram and my blog post. 
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So today, writing from a different lens, one that isn't quite as emotional and now has some distance between when we first arrived, I am thrilled to share our journey and this sweet and beautiful life we have built here over the last few months.  So stay tuned as I share more pics! 
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Sent via @planoly #planoly #portugal #portugal #portugaltravel #portugalguide #portugal_lovers #portugal🇵🇹 #portugal #portugaltravelers #portugaltravels #portugaltravelpt #portugalfoodandtravel #portugaltravelling #movingtoportugal #movingtoportugalsoon #familytravel #travelfamily #travelingfamily #familytravelblog #familytravelblogger #travelfamilyblog #familytraveltips #familytravelbloggers #familytravelling #learnportugueseportugal #learnportuguese #futebol #thebeautifulgame #canadianstravel #canadianfamilytravels
These boys make my heart sparkle like champagne! 💗 Happy National Sons Day! 
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#nationalsonsday #nationalsonsday💙 #happynationalsonsday #happynationalsonsday💙 #boymama #boymamalife #lovemyboys #lovemyboys💙 #myheart #myboysmyworld #sonsandmothers #grateful #blessed #blessedandhighlyfavored #myloves
Monstera friends, is this a new baby leaf? . . #m Monstera friends, is this a new baby leaf? 
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#monsteracare #monsteracareguide #monsteralovers #monsteralove #monsteraleaf #monsteraplant #monsteradeliciosa #monsteramonday #monsteraplants #monsteraplantsofinstagram #monsterainstagram #indoorplants #indoorplantsdecor #indoorplantsofinstagram #plantmama #plantmamas #monsterapropagation #plantsmakepeoplehappy #plantsmakemehappy🍃 #plantenergy #plantlover
Monstera love 💗 . . Share your Monstera pics wi Monstera love 💗
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Share your Monstera pics with me pleeeeaaase! 😊🪴🪴🪴!
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#monsteradeliciosa #monsteralove #monstera #monsteramonday #plantmama #plantmom #plantlove #plantloversofinstagram #swisscheeseplant #swisscheesemonsteraplant🌱 #plantsofinstagram #plantlover #plantsmakepeoplehappy #plantsmakemehappy #plantsmakemesmile
Peach picking. . . #summer #fruitpicking #peaches Peach picking.
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#summer #fruitpicking #peaches #peaches🍑 #summerdays #novascotiasummersaremagic #novascotiasummers #peachtrees #peachfestival #farmsofns #dempseyscornerorchard #peachpicking
My 12 year old wrote this on the kitchen board las My 12 year old wrote this on the kitchen board last night. I just found it this morning since I wasn’t feeling well yesterday and went straight to bed. He’s such a light in my life.
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#hopeandfaith #hopeandfaithandlove #blessedandgrateful #blessedbeyondmeasure #howdidigetsolucky❤️ #ourkidsteachus #ourkidsteachusaboutlife #ourkidsteachussomuch #ourkidsteachusmanylessons #joy #thursdaythoughts #thursdaymorning
Browsing through my memories and this pic came up. Browsing through my memories and this pic came up. 
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It doesn’t seem so long ago, but this beautiful boy will be a teenager in just a few short months. How quickly the time goes.
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Lately, I find myself staring at his face, realizing how much he’s changed. It’s so bittersweet because no matter how amazing it is to watch him grow, I also miss him being little enough that I could scoop him up in my arms, as I still do with his little brother.
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#lovethiskid #timegoesbysoquickly #watchhimgrowingup #boymama #throwbackpic #mybabyboy💙 #couldnotloveanythingmore #solongagobutfeelslikeyesterday #theygrowuosofast #feelinghappyandsadatthesametime #blessedandgrateful #blessedbeyondmeasure #myboy❤️ #myboy #mamabear #specialtimes #pumpkinpants
Choose to be kind. . . #kindnessmatters #kindnessc Choose to be kind.
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#kindnessmatters #kindnesscounts #kindnessiscontagious #bekindtoeverykind #kindnesscounts #itsimportanttobekind #lovingkindness #compassion #compassionandkindness #compassionandlove #bekindalways #bekindtooneanother #quotestoliveby #dalailama #dalailamaquotes #dalailamaquote #wordstoliveby #wordstolivebyalways
Love this photo of J! . . #footy #adidas #adidasc Love this photo of J! 
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#footy #adidas #adidascanada #soccerkids #soccertraining #soccerislife #soccerplayer⚽️ #onthepitch💚💚💚 #shootingdrills⚽️ #lovethiskid #myboy #boymomlife #soccermom #soccermoms #soccermoms⚽️ #soccermoments #sportpictures
Low key Easter with my 3 beautiful boys! . . Have Low key Easter with my 3 beautiful boys!
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Have to say, I’m loving the Amish Butterprint Pyrex on the table.  It’s a happy day when we use it!  How was your Easter weekend? 
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#easter2021 #easterweekend #easterwithkids #amishbutterprint #amishbutterprintpyrex #amishbutterprintpattern #amishbutterprintmixingbowls #amishbutterprints #vintagepyrex #vintagepyrexlove #vintagepyrexlovers #vintagepyrexcollection #vintagepyrexcollector #vintagepyrexbowls #pyrexcinderellabowls #pyrexcinderella #pyrexcinderellas #easterdinner #easterdinnertable #easterdinnertabledecor #easterdinner2021
Happy Easter! 🐣 . . This is my favourite Easte Happy Easter! 🐣 
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This is my favourite Easter centrepiece.  Used many, many Peeps and pink tulips.  Love the way it turned out!
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#happyeaster #happyeaster🐰 #happyeaster🐰 #peeps #peepsmarshmallows #peepscenterpiece #peepscenterpieces #eastertable #easterdecor #easterdecoration #easterdecorating #peepsmarshmallowbunnies #peepsmarshmello #peepsmarshmallowbunny #easterweekend #easterpictures #eastermood
Our orchid is in full bloom! 🌸🌸🌸 . . #suc Our orchid is in full bloom! 🌸🌸🌸
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#suchabeauty #orchid #orchidsofinstagram #orchids #orchidlover #orchidflower #bloomingorchid #bloomingorchids #orchidbloom #orchidblooms #orchidbloomsofinstagram #newtoorchids #flowers🌸 #flowersofinstagram #flowerdays #takingcareoforchids #orchidcare #orchid101 #orchidmom #orchidmoments #orchidmomma #orchidshare #orchidlove #orchidlovers
This past year during lockdown, we started using t This past year during lockdown, we started using the meal kit service, Chef’s Plate.
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We love to cook in our house but despite our love to cook, getting the meal kit was more of an “event”. Sort of like eating at a restaurant; eating something you wouldn’t normally cook but with all the convenience of eating at home. 
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Check out the blog, because on it I wrote an article on the “ Top 10 Reasons We Use Chef’s Plate” and it’s been a lot of fun, especially for the kids!
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So if you’re looking to break the monotony of weeknight dinners, let me know.  I’ve got $40 off coupons to share and occasionally a FREE box, too!
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Read the blog post and watch the video when the kids get involved and cook the Bavarian Pork Chop meal - such a great experience for the little ones and so delicious!
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#chefsplate #chefsplatemeals #chefsplaterecipe #chefsplaterecipes #chefsplatemenu #mealkitservice #mealkitservicecanada #mealkits #mealkitdeliveryservice #mealkitdeliveryservices #mealkitdeliveryservicediscountcode #mealkitdeliveryservicevouchercodes
My Majesty Palm. 💗💗💗 . . I’m all about My Majesty Palm. 💗💗💗
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I’m all about my plants recently, so you’ll have to excuse the obsession!
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I can’t stop taking pictures!  It must be spring in the air! 🪴🌱🪴🌱
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#majestypalm #majestypalmsofinstagram #beautifulpalms #houseplantsofinstagram #houseplantsofinsta #majestypalmplant #majestypalmtree #indoormajestypalm #tropicalplantsofinstagram #tropicalplants #iloveplants #kidsandplants #plantsofinstagram #indoorplantsdecor
I’ve become the mother of houseplants. I just l I’ve become the mother of houseplants.  I just love my plant babies so much!  What are your favourites? 
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#houseplants #housepanthersofinstagram #motherofhouseplants #houseplantbabies #plantbabies🌱 #plantbabies #bostonferns #bostonfernlover #inamemyplants #inamemyplantsokay #thisisgeorgia #plantsmakepeoplehappy #plantsmakemesmile #plantsmakemesmile🌿
Boys went tobogganing today! . . #outdoorfun #out Boys went tobogganing today! 
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#outdoorfun #outdooradventures  #winterfun #wintersports #getoutsideandplay #getoutsidemore #getoutsidemoreoften #toboganning #toboganningfun #toboganningtime #sledding #sleddingfun #letssled #canadianwinters #canadianwinter #canadianwinters🇨🇦 #winterinnovascotia #winterinnovascotia2021 #wintersunshine☀️
As he was getting dressed to play outside, Henry w As he was getting dressed to play outside, Henry was struggling to put on a glove and he said to me, “Mommy, I don’t think I have enough fingers for this.” 😂
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#snowdays #playinthesnow #thisis5 #5yearolds #lovethisboy💙 #lovethisboysomuch #outdoortime #novascotialife #christmassnow #whitechristmas❄️ #mybabyboyforever #thingskidssay #funnythingskidssay #funnykidstuff #kidssaythefunniestthings #kidssaythefunnieststuff #lovewhathesays #lovewhathesaid
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