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What if we bought a house with cash. What would closing costs be?

On July 25, 2009 / By Real Estate Law Help / In Texas-Real-Estate-Law

Pretty soon we’re expecting a pretty big check due to a law suit and are hoping to spend cash on a new home. We have been searching around Texas (specifically Dallas) and have found several homes around what we were looking to spend. So let’s say we buy a house for $40,000 cash, what would our closing costs? And do you know of anyway to avoid paying closing costs?

Would we have to pay a Realtor in order to even search homes? And last but not least, if the owner is listing through a real estate agent, and we offer them cash, can they skip the whole Realtor process?

Thanks. And before anyone suggests it, I will definitely be getting a home inspection before purchasing. lol I have seen some major horror stories. I certainly don’t want that to be us.

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