What is the cost of selling a house in Ft. Worth to We Buy Ugly Houses®?
You can reduce home sale expenses when you sell your house in Ft. Worth, TX, to an off-market home buyer like We Buy Ugly Houses®.
How much does it cost to sell a house in Ft. Worth?
Selling a house involves various costs that can really eat into your projected profits. On average, home-selling costs typically amount to around 10% of the home sale price. If your home sells for $450,000, for example, your selling costs would be around $45,000. These costs will vary depending on the size and condition of the property, as well as the condition of the real estate market.
That’s why it pays to know how to minimize your selling costs when you plan your sale. Whether you’re downsizing, upsizing, or relocating, you can reduce the upfront cost of selling a house in Ft. Worth when you sell with We Buy Ugly Houses®.
Common selling fees we cover
When you sell your house with We Buy Ugly Houses in Fort Worth, we cover typical closing costs.
These are the expenses incurred that are needed in order to complete a real estate transaction. Closing costs include fees associated with finalizing the sale, such as:
- Application fee
- Closing fee
- Courier fee
- Evidence of homeowners insurance
- Flood determination and monitoring fee
- Lead-based paint inspection
- Origination fee
- Pest inspection
- Property appraisal fee
- Recording fee
- Survey fee
- Title search fee
- Underwriting fee
Common selling fees you avoid
By choosing We Buy Ugly Houses as your off-market house buyer, you can avoid several expenses that are typical in traditional home sales, including:
- Pre-sale home inspection: Unlike traditional buyers who may request inspections, we let you sell your house “as is,” eliminating the need for pre-sale inspections.
- Seller concessions: When you sell your house with We Buy Ugly Houses, you won't need to negotiate or offer concessions to buyers to sweeten the deal, such as covering closing costs or repairs.
- Home improvements: We Buy Ugly Houses buys houses in many different conditions, so you don't have to worry about costly repairs or renovations to get your house move-in ready for potential buyers.
- Home staging: With us, there's no need to spend money on staging your home to make it more appealing to potential buyers.
- Title insurance: We cover the cost of title insurance, providing you with a smooth and secure transfer of ownership.
Ready to experience a straightforward home sale that’s convenient and cost effective?
Reach out to us today for a no-obligation consultation and discover how simple it can be to sell your Ft. Worth house to We Buy Ugly Houses.
Common selling fees we don’t cover
While We Buy Ugly Houses covers many home-selling costs, there are still some expenses you may need to consider:
- Moving costs: We make selling your house easier and more affordable, but you'll need to arrange and pay for your moving expenses to your new house.
- Mortgage payoff: If you have any outstanding mortgage balance on your property, it will need to be settled from the sale proceeds.
- Capital gains taxes: Depending on your individual circumstances, you may be liable for capital gains taxes on the sale of your home. Capital gains tax applies to home sale profits that exceed $250,000 for single filers and $500,000 for joint filers.
- Property tax: Upon closing, you’ll pay taxes that are prorated up to the closing date of your home sale. The property tax rate in Texas is 1.60%.
- Transfer tax: Deed transfer taxes may apply, which are a one-time fee charged by the government for the legal transfer of ownership when a property is sold. The transfer tax is typically a small percentage of the sale price. Texas doesn’t have a transfer tax, but it may apply if you are selling an out-of-state property.
Different ways to sell a house
In Fort Worth, homeowners have various options for selling their homes, each with its own financial implications.
- Working with a real estate agent: When you sell your house with a real estate agent, you can expect to pay real estate commissions, closing costs, and even additional fees for things like staging, marketing, and any potential repairs or renovations that may be necessary to get your home ready for the market.
- Selling to an iBuyer: You can also sell your house to online buyers. These buyers provide fast, free assessments through an online portal, but they come at a steep cost. According to a study published by Collateral Analytics, iBuyers can cost sellers up to 15% of their home sale price. This is because iBuyer service fees are typically higher than real estate commissions.
- Selling to an off-market home buyer: Selling your home to a direct-sale house buyer like We Buy Ugly Houses offers speed and convenience compared to traditional methods involving real estate agents or selling to an iBuyer. By selling directly to us at a discount, you can avoid the costs associated with repairs, upgrades, inspections, and other upfront expenses typically required to prepare a house for sale on the open market, not to mention real estate commissions or other service fees.
It was very quick, very professional, and took care of all my needs in organizing an out of state move! Will recommend to friends.
Save on upfront fees for selling a house with We Buy Ugly Houses®.
With We Buy Ugly Houses, you don’t have to worry about the upfront cost of selling a house. That’s because we provide a hassle-free solution tailored to Fort Worth homeowners who want to sell their homes quickly and conveniently. With our 3-step home-buying process, we can take you from offer to closing quickly, sometimes in as little as 3 weeks. We pay all typical closing costs, and never charge commissions or additional fees. We typically buy houses at below market value in exchange for speed and convenience.
