Aug 27 2010

Another Good Reason To Buy A Home In Charlotte, North Carolina!

Charlotte has long been known for its reasonable cost of housing and living. In fact, Charlotte has been below the national average for cities of similar size for many years. And for a number of years, North Carolina (which includes Charlotte!), has been ranked as one of the only three states where average closing costs are at least 25% below the national average as ranked by Bankrate.com. On a $200,000 mortgage, the national average for closing costs is $3,741. In North Carolina, the average is $3,255.  See a breakdown of North Carolina’s mortgage closing costs.

Here’s a great video about closing costs and what to expect when you take on a mortgage from Bankrate.com.

See where your state ranks in terms of closing costs.

Here’s a great consumer guide from the Federal Reserve Bank about mortgage closing/settlement costs. And if you like to play with numbers and do some of your own calculations, here’s a great calculator tool.

Want more information about buying a home in Charlotte and what costs may be involved, contact Carolinas Realty Partners.

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