Selling a home comes with expenses beyond just the listing price. One of the biggest surprises for sellers is closing costs, which can add up quickly and eat into your final profits. If you're selling a home in Nebraska, understanding what to expect with closing costs is essential.
For homeowners looking to avoid extra fees and keep more cash in their pocket, selling as-is to a cash home buyer can be a smart alternative. Let’s break down Nebraska’s typical closing costs and explore how selling as-is can save you time and money.
What Are Closing Costs?
Closing costs refer to the fees and expenses paid at the final stage of a real estate transaction. These costs cover everything from title transfers and legal fees to agent commissions and taxes. While both buyers and sellers have their own closing costs, sellers often take on a more significant financial burden when using a traditional real estate sale.
Typical Closing Costs for Nebraska Home Sellers
In Nebraska, closing costs for sellers typically range from 6% to 10% of the home’s final sale price. Below are some of the most common expenses:
1. Real Estate Agent Commission – 5% to 6%
This is often the largest closing cost for sellers. Traditional home sales involve paying both the buyer’s and seller’s agents, usually totaling around 5% to 6% of the home’s sale price.
2. Title Insurance & Title Fees – $500 to $1,500
Sellers are generally required to pay for title insurance to protect the buyer in case of any ownership disputes. Title transfer fees and related administrative costs also apply.
3. Transfer Taxes & Recording Fees – Varies by County
Nebraska doesn’t have a statewide transfer tax, but counties may charge recording fees for processing the sale. These fees vary but typically range from $50 to $200.
4. Attorney or Settlement Fees – $500 to $1,500
While not required, some sellers choose to hire an attorney for contract review and closing paperwork, which adds another expense.
5. Home Repairs & Concessions – Vary Significantly
If the buyer requests repairs after an inspection, sellers may have to spend thousands on necessary fixes. Some sellers also offer concessions to cover part of the buyer’s closing costs.
6. Property Taxes & Prorated Costs – Varies
If you owe property taxes at closing, those must be paid in full before the home sale is finalized.
How Selling As-Is Can Reduce or Eliminate Closing Costs
If these costs seem overwhelming, there’s good news—selling as-is to a cash home buyer can eliminate many of them.
1. No Agent Commissions
Since cash buyers purchase directly, you don’t have to pay agent fees, which saves you thousands of dollars.
2. No Repairs or Concessions
When you sell as-is, you skip expensive home repairs and buyer negotiation requests. What you see is what you get, no last-minute surprises.
3. No Title or Attorney Fees
Most cash home buyers cover title and closing costs, further reducing your out-of-pocket expenses.
4. No Delays or Hidden Fees
Selling to a cash buyer means no lender fees, no appraisal delays, and no waiting on financing approvals. The process is fast, transparent, and hassle-free.
Sell Your Nebraska Home Without the Extra Costs
Closing costs can take a big chunk of your home sale profits, but selling as-is to Best Price Homebuyers allows you to skip commissions, repairs, and extra fees.
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No agent commissions
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No costly repairs
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No hidden fees
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Fast, hassle-free closing
If you want to sell your home quickly and keep more of your money, contact us today for a hassle-free selling experience.