Top 10 Most Expensive States For Closing Costs

MoneyhousesmallWhen buying or selling a home participants always get nervous that they are going to be taken advantage of with mystery fees or excessive closing costs. The costs associated with a transaction of this magnitude are not to be trifled with.

So the annual survey by Bankrate.com of the costs to close a $200,000 loan is a benefit for the consumer. From the cheapest (North Carolina, $2,650) to the most expensive (New York, $4,016) these costs vary greatly.

It need not be said, so I must say it, that every closing is different so do not expect to see these exact numbers when you sit down at the closing table. But they do provide a useful barometer on pricing.

Top 10 Most Expensive States For Closing Costs

  1. New York: $4,016
  2. Texas: $3,975
  3. Florida: $3,683
  4. Oklahoma: $3,558
  5. New Mexico: $3,465
  6. New Jersey: $3,432
  7. Pennsylvania: $3,411
  8. Alaska: $3,409
  9. Colorado: $3,358
  10. California: $3,321

Related posts:
  1. Top 10 Most Expensive Cities To Own a Luxury Home in 2009
  2. Top 10 Cities For Relocations in the United States
  3. One in Nine Homes Are Vacant in the United States

There Are 3 Responses So Far. »

  1. [...] The Real Estate Bloggers Tags: closing, closing costs, mortgage, nc, north carolina, va, [...]

  2. [...] ownership. The first article lists the ten states with the highest home insurance rates, while the second article list the states with the highest closing [...]

  3. [...] is the 4th most expensive state for home closing [...]

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