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State. Closing costs for home purchase (including taxes) Closing costs for refinancing (including taxes) Washington, D.C. $29,888. $3,370. Delaware. $17,859
Closing costs can vary significantly by state, ranging from less than 1 percent of the home's sale price to 5 percent or more. Washington, D.C. has the highest average closing costs in the country ...
The exact amount of closing costs varies by state and with each individual transaction. Here, we’ll take a closer look at seller closing costs, and how much you can expect to pay.
Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the seller.
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.
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