North Carolina’s Real Estate Closing Costs Among Top 3 Most Expensive in U.S.

According to bizjournal.com and an article that can be found here.

Closing on a house in North Carolina is more expensive than nearly every state in the country.

for sale to soldA study from Bankrate.com surveyed up to 10 lenders in each state and Washington, D.C., to evaluate closing costs in June 2016. For its comparison point, researchers looked at single-family homes with a $200,000 mortgage and a 20% downpayment. Fees include taxes, title fees, property insurance, interest and other prepaid items.

The national average for closing costs is $2,128.

North Carolina’s closing costs averaged $2,409, ranking it No. 3 among the most expensive in the nation. Hawaii had the highest closing costs, with an average of $2,655. New York ranked No. 2 with an average of $2,560.

6 most expensive states:

  • Hawaii, $2,655
  • New York, $2,560
  • North Carolina $2,409
  • Delaware, $2,358
  • South Carolina, $2,322
  • Connecticut, $2,313

6 least expensive states:

  • Pennsylvania, $1,837
  • Wisconsin, $1,863
  • Kentucky, $1,874
  • South Dakota, $1,904
  • Oklahoma, $1,911
  • Missouri, $1,926

If you want to sell your house fast and avoid paying any closing costs contact Fair House Offer at 888-277-2711 or by visiting www.FairHouseOffer.net. Fair House Offer buyers houses throughout North Carolina including Greensboro, Raleigh and Durham.

About Sir Ashley Harrison

Sir Ashley Harrison is a full-time real estate investor and non-practicing attorney. He does deals throughout the country.
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