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 Fastest Growing States in the United States 2007-2008
  3. Top 10 Cities For Relocations in the United States
  4. Top 10 States With The Highest Level of Federal Land Ownership
  5. Top 10 States By Foreclosure Filings in 2008

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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