I was thinking of of going with fake wood vinyl planks for the floor and laminate for the counter tops.

7k is ridiculous i have a distributor acct and can get a kitchen done for $1500-3000 solid wood soft close cabinets.

Keep in mind if they are engineered hard wood you have a thin layer to sand and they can't be sanded as many times as solid hardwood.

You don't have to pay a premium for speed. 

For a homebuyer with a moving truck loaded and ready to roll, this would be a real headache.Delays at the close could have other negative consequences to the borrower, such as the lapse of a rate lock or the loss of certain tax breaks.The new forms disclose the full title insurance premium, which could be misleading because the premium is often discounted.Line numbers have been omitted from the new forms.

I've used Ultra Allure for faux-wood flooring in bedrooms, etc and love its durability.

Buyer shall obtain and pay for post-Closing continuation and premium for Buyer’s owner’s policy, and if applicable, Buyer’s lender’s policy.

Minimum premium for this type of policy is $15k per year, so it is not a product most are familiar with.Lastly, most landlords will build this cost back into the rent and sell it as a "Benefit".I will PM you with additional details.

Buyer shall obtain and pay for post-Closing continuation and premium for Buyer’s owner’s policy, and if applicable, Buyer’s lender’s policy.

I'm used to maple shaker style cabinets, which I feel having a wood grain, can hide minor dents and usage wear better.