What it costs to close on a house in the loveliest towns in America
February 14, 2019 12:01 AM
cristina_conti - stock.adobe.com
This Valentine's Day, love is in the air, and in some of the names, of cities across the country.
While closing costs vary by housing market, national average fees total $5,651, which include expenses like appraisal and settlement costs amounting to $526 and $916, respectively, according to ClosingCorp.
While in some romantically-named towns, an appraisal fee only costs $450, others see the figure surge to $756, which is well above the country norm. Even for those feeling loanly this season, comparing fees could assist local borrowers in finding their most affordable options.
From Romeo, Colo., to Valentines, Va., here's a look at closing costs in some of the country's loveliest cities this Valentine's Day.
While closing costs vary by housing market, national average fees total $5,651, which include expenses like appraisal and settlement costs amounting to $526 and $916, respectively, according to ClosingCorp.
While in some romantically-named towns, an appraisal fee only costs $450, others see the figure surge to $756, which is well above the country norm. Even for those feeling loanly this season, comparing fees could assist local borrowers in finding their most affordable options.
From Romeo, Colo., to Valentines, Va., here's a look at closing costs in some of the country's loveliest cities this Valentine's Day.
Valentines, Va.
Appraisal: $500
Settlement Fees: $775
Title Insurance: $1,408.80
Title Fees: $75
Recording Fees: $119
Transfer Taxes: $1,619.67
Settlement Fees: $775
Title Insurance: $1,408.80
Title Fees: $75
Recording Fees: $119
Transfer Taxes: $1,619.67
Romance, Ark.
Appraisal: $515
Settlement Fees: $825
Title Insurance: $437
Title Fees: $25
Recording Fees: $225
Transfer Taxes: 181.50
Settlement Fees: $825
Title Insurance: $437
Title Fees: $25
Recording Fees: $225
Transfer Taxes: 181.50
Tarkazikis, Elina
Heart Lake, Pa.
Appraisal: $450
Title Insurance: $1,367
Endorsement: $150
Title Fees: $595
Recording Fees: $198.50
Transfer Taxes: $1,598.32
Title Insurance: $1,367
Endorsement: $150
Title Fees: $595
Recording Fees: $198.50
Transfer Taxes: $1,598.32
Romeo, Colo.
Appraisal: $765
Settlement Fees: $475
Title Insurance: $935
Endorsement: $196
Recording Fees: $191
Transfer Taxes: $20.50
Settlement Fees: $475
Title Insurance: $935
Endorsement: $196
Recording Fees: $191
Transfer Taxes: $20.50
MaxPixel's contributors/https://www.maxpixel.net/
Loveland Park, Ohio
Appraisal: $450
Settlement Fees: $450
Title Insurance: $985
Endorsement: $225
Title Fees: $135
Recording Fees: $304
Transfer Taxes: $2.50
Settlement Fees: $450
Title Insurance: $985
Endorsement: $225
Title Fees: $135
Recording Fees: $304
Transfer Taxes: $2.50
