For cash-strapped hand housing buyers, experienced real estate brokers generally recommend his choice at the end of transaction. The aim is to reduce the buyer in the transaction to be immediately paid when the amount of prepaid interest.

Normally, banks in housing transactions will be charged from the date of the transaction date until the end of the month prepaid interest on loans . Assuming a loan deal in October 2 , then the transaction when they want to advance from the 2nd Zhisa day in interest. However, if the chosen transaction on 29 October , then their interest paid at closing , but two days only. Why has often been misunderstood , and others use the same bank loans , the loan amount is quite the same, but why everyone paid closing costs vary considerably it ? Difference may lie in the parties time to deal with a greater distance . Of loan amount two hundred and three thousand years of computing , buyers choose different times at the beginning or end of auction , the buyer 's closing costs to be paid by a difference of one thousand dollars.

In fact, the beginning and end of transaction deal in the interests of the lender there is no substantial difference. Houses in early deal, buyers have houses in early May , the natural interest payments this month to be more, but the next tranche of the time interval is longer. House at the end of the transaction, although the transaction buyer can pay some amount , but the next tranche of the time interval shortened. The only advantage is that when the buyer in the transaction costs low, the tight for cash buyers, this approach may be temporarily solve the immediate problems .

Transaction month is assumed houses by the end of October , then select either the beginning or the end of the transaction, in November 's monthly payments shall be paid as scheduled in December 1 , although banks have fifteen days to pay the real deadline , but the general require that payment must be received within fifteen days , otherwise late payment of contributions . Lenders in addition to pay a fine , it will also make it stain credit report .

For buyers have sufficient cash transactions , in fact, do not deliberately arranged at the end of transaction . Because many buyers mistakenly think that you can save money at the end of transaction , resulting in every end , banks and law firms handling the deal , especially busy , as a result of loan documents deal too greatly increase the chance of error . The law firm is often traded for speeding while hastily , and even some transactions to the spot only to find file error forced rescheduled.

Such as housing and the choice of buyers due to shortage of cash at the end of the transaction, the best choice for a reputable law firm has handled the transaction, so as to avoid mistakes and forced rescheduling deal. In case you want to be postponed to early next month turnover , insufficient cash buyers even more headaches.