@stephaford1 — 77x breakout

Loading video…

Most Buyers Pick the Wrong Closing Date-Here's Why

@stephaford1

1.2K followers · usually 524 views a post

Views

42.0K

Likes

315

Comments

190

Why it worked

The video provides a clear, concise, and actionable financial tip relevant to a specific audience (homebuyers in DFW). The use of on-screen text makes the information easy to digest quickly, and the direct comparison of two closing dates effectively illustrates the benefit.

Summary

The video explains why choosing a closing date later in the month can save buyers money on prepaid interest and reduce the cash needed at closing. It contrasts closing on August 1st with closing on July 28th, showing how the latter results in less interest paid in the first month and an earlier first mortgage payment.

Structure

1Intro: Most buyers pick the wrong closing date
2Option 1: Close August 1
3Consequences of August 1 closing
4Option 2: Close July 28
5Benefits of July 28 closing
6Conclusion: Same loan, same payment timeline, less cash due

On-screen text

Most Buyers Pick the Wrong Closing Date-Here's Why Close August 1 • Pay Interest August 1-31 • More Cash due at Closing • First Payment: October 1 Close July 28 • Pay Interest July 28-31 • Less Cash due at Closing • First Payment: Sept 1

Original caption

Pick a closing date like you actually know what you're doing. 👀💡 Here's what most buyers in **Prosper, Frisco, McKinney, and Celina** don't realize 👇 Close EARLY in the month: ❌ More prepaid interest ❌ More cash due at closing Close LATER in the month: ✅ Less prepaid interest ✅ Less cash due at closing Same loan. Same rate. Same payment timeline. 💛 The only thing changing is how much money you hand over at the closing table. 💸 This is not complicated - but most buyers just pick a date blindly and leave money on the table without even knowing it. 🚨 Stop guessing. Start being strategic. 🙌 ⚠️ *Always confirm timing strategy with your licensed lender for your specific situation.* 👇 DM me or send me a message and let's make sure every part of your North Texas home purchase is working in YOUR favor! 📲 👩‍💼 Stephanie Ford, REALTOR® 📱 940-595-4564 📧 sford.weichert@gmail.com 🏢 Weichert REALTORS® Property Partners ✨ Real Estate Services that PROSPER and Shine ✨ 🏠 Equal Housing Opportunity #NorthTexasRealEstate #realestate #DFWRealEstate #ProsperTX