Thursday, August 10, 2006

New Jersey Ranks 13 For Closing Costs

An annual closing cost comparison survey conducted by has ranked New Jersey as 13 in the nation. The survey compared settlement costs from 10 lenders in all 50 states. The average cost for lender, title and settlement costs totaled $3,024. New Jersey's fees to close a loan total $3,158.

New York ranks number one with costs of $3,887 and Missouri came in last with $2,713 in costs. The good news is, New Jersey's 13th place is down from 4th place in 2005.

If you are thinking of buying a home and are interested in getting the lowest settlement costs possible, contact me or visit my website. I will put my expertise to work to help you get the best possible deal!

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