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what are the closing cost you pay on a short sale or cash deal in chicago illinois?

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June 30 2010 - Chicago
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Answers (2)

It really depends on the amount of loan and lender too. The median closing costs on a $200k loan with a 20% down in Illinois comes to around $4K according to bankrate.com.  However it really depends on what metropolitan area the house is in. 
If you pay cash the closing costs are much lower as there is a lot of lender fees avoided. You basically pay your attorney and title fees which should come out to $2K.
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November 09 2012
It will vary widely depending on many factors, like type of property,if you are the seller or buyer and the price. Your agent or attorney could advise further or call me if you want.
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July 02 2010
 
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