{"id":4794,"date":"2020-09-11T00:00:00","date_gmt":"2020-09-11T07:00:00","guid":{"rendered":"https:\/\/chrisbuyshomesstlseller.carrot.com\/?p=4794"},"modified":"2020-09-11T00:00:00","modified_gmt":"2020-09-11T07:00:00","slug":"what-are-closing-costs-exactly-in-des-peres-mo","status":"publish","type":"post","link":"https:\/\/www.chrisbuyshomesstl.com\/blog\/what-are-closing-costs-exactly-in-des-peres-mo\/","title":{"rendered":"162. What Are Closing Costs Exactly In Des Peres, MO?"},"content":{"rendered":"<p><a href=\"https:\/\/www.chrisbuyshomesstl.com\/we-buy-houses-in-des-peres-mo\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>We buy houses in Des Peres, Missouri<\/strong><\/a>, and provide residents with the ideal way to sell their homes fast by offering cash for houses in Des Peres. You&#8217;ve likely heard about closing costs, but do you know everything that they include? We are homebuyers in Missouri and we\u2019ll make you an offer, and if it\u2019s a fit then we\u2019ll purchase your property (and we\u2019ll often pay for the closing costs too!) Check out our closing cost &#8220;FAQ&#8221; to learn more about what closing costs are all about.<\/p>\n<h2 style=\"font-size: 250%;text-align: center\">What Are Closing Costs Exactly In Des Peres, MO?<\/h2>\n<p>Closing costs refer to all of the fees that must be paid at the closing table. Depending on where you live, the fees and costs can vary. But generally, closing costs include, but are not limited to:<\/p>\n<ul>\n<li>Notary fees<\/li>\n<li>Transfer Costs<\/li>\n<li>Transfer Taxes<\/li>\n<li><a href=\"https:\/\/www.thebalance.com\/appraisal-fees-315707\" target=\"_blank\" rel=\"noopener noreferrer\">Appraisal Costs<\/a><\/li>\n<li>Inspection Fees<\/li>\n<li>Origination Fees<\/li>\n<li>Recordings Fees<\/li>\n<li>Title Insurance<\/li>\n<li>Underwriting Fees<\/li>\n<li>Bank Fees<\/li>\n<li>Courier Fees<\/li>\n<li>Wire Transfer Fees<\/li>\n<li>Liens against the home will need to be paid to clear the title<\/li>\n<li>Credit Report Fees<\/li>\n<li>Administrative Fees<\/li>\n<li>Attorney Fees, If Applicable<\/li>\n<li>The balance of your mortgage or loans against the home<\/li>\n<li>Possibly repairs or pest control if this has previously been agreed upon<\/li>\n<li><strong>COMMISSIONS!<\/strong><\/li>\n<\/ul>\n<h2 style=\"font-size: 210%;text-align: left\">Who&#8217;s Paying In Missouri?<\/h2>\n<p>While the buyer will usually pick up a number of theses, it is important to note, that the seller typically pays 100% of the commission. This will be about 6%+ of the final sale price. Other than your possible mortgage balance, this is by far the biggest cost when it comes to costs at the closing table. Negotiating the other costs during the sale process is becoming increasingly popular. In an effort to lure in more buyers, sellers are more frequently picking up the tab when it comes to the closing costs.<\/p>\n<p>As a seller, you will also need to pay your share of the year&#8217;s property tax, up until the day of closing. Any <a href=\"https:\/\/www.investopedia.com\/articles\/mortgages-real-estate\/08\/homeowners-associations-tips.asp\" target=\"_blank\" rel=\"noopener noreferrer\">HOA fees<\/a> or other community costs should be prorated and paid at this time as well.<\/p>\n<h2 style=\"font-size: 210%;text-align: left\">What Are Seller Subsidies In Missouri?<\/h2>\n<p>This is an amount negotiated between the buyer and seller. It is the percentage the seller agrees to pay towards the closing costs. For example, you can offer to put 3k towards closing to help relieve some of the costs for your buyer. Overall, paying these subsidies is often a small price to pay to bring buyers to the table!<\/p>\n<h2 style=\"font-size: 210%;text-align: left\">Can You Avoid These Costs In Des Peres, Missouri?<\/h2>\n<p>Yes! By working with a direct buyer who will pick up all costs associated with the closing! A direct buyer will not charge you a commission, as they are not an agent. Many times, direct buyers will offer to <a href=\"https:\/\/www.chrisbuyshomesstl.com\/blog\/costs-of-listing-with-an-agent-in-sunset-hills-mo\/\" target=\"_blank\" rel=\"noopener noreferrer\">pick up all costs<\/a>, which will save you money and hassle at the closing table.<\/p>\n<h2 style=\"font-size: 210%;text-align: left\">Are Repairs Of Your Des Peres, MO Home Included?<\/h2>\n<p>This is another one that is negotiated between the buyer and the seller. If the home is in need of some obvious repairs, the seller will often take care of these before putting their home on the market. However, if an inspection shows\u00a0additional repairs are needed, a buyer may make his offer contingent on repairs being made. A buyer and seller can work this out before going to closing.<\/p>\n<h2 style=\"font-size: 250%;text-align: center\">Sell My House In Des Peres, MO<\/h2>\n<p>This is what makes us stand out from the traditional way of selling a property: There are NO fees or commissions when you <a href=\"https:\/\/www.chrisbuyshomesstl.com\/sell-your-house-in-st-louis\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>sell your house in St. Louis<\/strong><\/a> to us. The responsibility is ours, as reputable Missouri home buyers, and you walk away without the burden of the property and its payments, and often with cash in your hand.<\/p>\n<h3 style=\"text-align: center\">Do You Want To Avoid The <a href=\"https:\/\/www.chrisbuyshomesstl.com\/blog\/what-it-really-costs-to-sell-your-home-in-cottleville-mo\/\" target=\"_blank\" rel=\"noopener noreferrer\">Costs To Sell Your House<\/a> In The Traditional Way? We Are Here To Help! <a href=\"https:\/\/www.chrisbuyshomesstl.com\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\">Contact Us Today<\/a> To Learn More! (314) 334-1481<\/h3>\n","protected":false},"excerpt":{"rendered":"<p>We buy houses in Des Peres, Missouri, and provide residents with the ideal way to sell their homes fast by offering cash for houses in Des Peres. You&#8217;ve likely heard about closing costs, but do you know everything that they include? We are homebuyers in Missouri and we\u2019ll make you an offer, and if it\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-4794","post","type-post","status-publish","format-standard","hentry","category-sellers"],"_links":{"self":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/4794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/comments?post=4794"}],"version-history":[{"count":0,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/4794\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/media?parent=4794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/categories?post=4794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/tags?post=4794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}