When selling a house in Rockford Illinois there are additional costs that you have to pay, called closing costs. Modern Times Homes has been buying and selling Rockford houses for a long time and we would love to share with you how to calculate closing costs. What is even better is that you are still able to avoid closing costs if you sell directly to us, Modern Times Homes. We buy houses in Rockford Illinois fast for cash.
Typically, closing costs can range from 2% to 5% of the home’s purchase price. These costs can include; realtors’ commissions, appraisal fees, title searches, title insurance, taxes, and notary fees. Those fees are paid by buyer and seller.
Most of the homeowners think if they sell a house for $200,000.00, this is the money they will pocket. Most of us don’t have an idea about closing costs until it actually happens. You sell a house and you end up paying about $15,000.00 from the selling price. It is a lot of money.
If you want to avoid closing costs, give Modern Times Homes a call. We buy houses in Rockford Illinois directly from sellers, fast, for cash. We guarantee hassle-free transactions, and the best part of selling to us is that you don’t pay any additional fees. If we agree on a $150,000 sale price, this is exactly how much you are getting. No hidden fees.