How to Save Money When Buying a House + Can Refinancing Really Save You Money?

<p>It&apos;s no shocker that buying a home is a huge expense - which is why we are interested in ways to cut costs! On this episode we talk both buying and refinancing our homes and ways to save on both.</p><p><b>Sponsors: </b></p><ul><li><b>The Frugal Friends Workbook! </b>Whether you’re new to budgeting or trying to reach a big financial goal and need something to motivate you, you’ll enjoy The Frugal Friends Workbook. It’s a digital workbook with 6 week-long challenges that will help you save money, simplify your life, improve money conversations, and more. It’s over 60 pages and can be completed on your own but it’s created to be gone through in pairs or small groups that’s why every purchase comes with two downloads so you can share or split the cost. Head to <a href='https://www.frugalfriendspodcast.com/workbook'>Frugalfriendspodcast.com/workbook </a>to learn more and use the code TACOBELL all one word to get $10 off the regular price.</li><li><b>Very High Price Tags on Seemingly Insignificant, low cost items:</b> Well we have a complicated sponsor today - but it’s quite fitting as we discuss home buying. Take stamps for example - what one would think costs 55cents and be used to mail a letter, when it comes to home buying this is nowhere near what the word ‘stamps’ mean! No no no - ‘stamps’ are hundreds of dollars, you never actually see them, nothing gets mailed anywhere as a result, but they are apparently necessary and there’s no circumventing them. High price tags on what should be low cost items: it’s all part of the home buying magic.</li></ul><p><b>Notable Notes:</b></p><p><b>What the Internet has to say:</b></p><p>This article from <a href='https://thelendersnetwork.com/save-money-when-buying-a-house/'>The Lenders Network </a>lists off 7 ways to cut costs when buying a house</p><p>What Jen + Jill have to say:</p><ul><li>1. Use an experienced LOCAL real estate agent</li><li>2. Get loan quotes from multiple lenders</li><li>4. Increase your credit score</li><li>5. Find a house that needs some work</li