Hi everyone!
I hope you are having a great week so far and are ready for another Wednesdays With Wendy NEWSLETTER!
As my friend/client, I value your opinion! So, please let me know what you think! All comments and constructive criticisms are welcome!
This week's newsletter includes: Bankrate.com's "State-by-State Closing Costs" and mortgage fees, Wendy's "Featured Listing" of the week, and info about the Cartus Relocation Network!
Provided by Bankrate.com
"New York holds on to its No. 1 ranking as the leader in mortgage fees...where does your state rank?"
Bankrate.com researchers gathered closing-cost information from at least four lenders in all 50 states and the District of Columbia. In California, Illinois and New York, researchers also collected data from multiple markets where there was a presumed disparity.
Researchers requested a good faith estimate for a $200,000 loan, assuming a 20% down payment and good credit. Below, ranked from most expensive to least expensive, are the average closing costs charged by the lending industry for a mortgage in each state. Your costs will be higher than shown here because the most highly variable costs are not included: Taxes, other governmental fees and escrow fees. They vary almost infinitely, by locale and by which day of the month the closing occurs.
State-by-State Closing Costs
2008 rank | 2007 rank | State | 2008 closing costs |
1 | 1 | New York - NYC | $4,015 |
2 | 2 | Texas | $3,975 |
3 | N/A | New York - Buffalo | $3,845 |
4 | 3 | Florida | $3,683 |
5 | 8 | Oklahoma | $3,558 |
6 | 9 | New Mexico | $3,466 |
7 | 7 | New Jersey | $3,432 |
8 | 4 | Pennsylvania | $3,411 |
9 | 16 | Alaska | $3,408 |
10 | 24 | Colorado | $3,358 |
11 | N/A | California - San Francisco | $3,321 |
12 | 5 | Ohio | $3,317 |
13 | 17 | California - LA | $3,250 |
14 | 35 | Kentucky | $3,213 |
15 | 27 | West Virginia | $3,201 |
16 | 11 | Connecticut | $3,200 |
17 | 25 | Michigan | $3,191 |
18 | N/A | California - Sacramento | $3,179 |
19 | 41 | Oregon | $3,161 |
20 | 6 | Hawaii | $3,134 |
21* | 39 | Alabama | $3,130 |
21* | 12 | Massachusetts | $3,130 |
23 | 19 | Maryland | $3,117 |
24 | 15 | Tennessee | $3,116 |
25 | 37 | South Carolina | $3,103 |
26 | 10 | Delaware | $3,098 |
27 | 46 | Arizona | $3,096 |
28 | 22 | District of Columbia | $3,086 |
29 | 33 | Idaho | $3,064 |
30 | 14 | Mississippi | $3,059 |
31 | 28 | Arkansas | $3,049 |
32 | 13 | Louisiana | $3,042 |
33 | 48 | Nevada | $3,039 |
34 | 38 | Washington | $3,028 |
35 | 20 | Virginia | $3,007 |
36 | 34 | Montana | $2,970 |
37 | 36 | Iowa | $2,940 |
38 | 44 | Wisconsin | $2,940 |
39 | 18 | Rhode Island | $2,932 |
40 | 26 | Minnesota | $2,930 |
41* | 21 | New Hampshire | $2,922 |
41* | 23 | North Dakota | $2,922 |
43 | 31 | Georgia | $2,900 |
44 | 43 | Nebraska | $2,891 |
45 | 32 | Utah | $2,882 |
46 | 51 | Indiana | $2,878 |
47 | 30 | Vermont | $2,872 |
48 | 49 | Illinois - Chicago | $2,869 |
49 | N/A | Illinois - Springfield | $2,826 |
50* | 50 | Wyoming | $2,804 |
50* | 36 | Iowa | $2,804 |
52 | 40 | South Dakota | $2,797 |
53 | 29 | Maine | $2,793 |
54 | 45 | Missouri | $2,758 |
55 | 42 | Kansas | $2,669 |
56 | 47 | North Carolina | $2,650 |
1003 Ryans Court Wilmington, 28412 - Fairfield Park
This townhome is maintenance free living at its best! It is located in the desirable Fairfield Park neighborhood in the Monkey Junction area. Come and enjoy this beautiful all brick, end unit, 2 bedroom, 2 full bathroom townhome with a 15x12 sunroom which could also be a guest room or 3rd bedroom. The home also features a formal dining room, open kitchen with a bar, an over-sized master bedroom with an 11x9 sitting room and a luxury master bath with shower and separate garden tub. The home comes with all appliances including the built-in microwave, dishwasher and refrigerator. The charming neighborhood contains a great community pool, tennis courts and walking trails. The old fair grounds are to be developed into retail. A one year American Home Shield home warranty is also included in the sale of the home. The neighborhood is located off of Carolina Beach Rd. only 1 mile from Monkey Junction and several shopping centers. The home is also located just 10 miles from Carolina Beach.
Townhome
Bedrooms: 2
email me wendy@seacoastrealty.com or visit my website
How much money, in pennies, is lying on the streets of the world?
Did you know that I can help your family and friends buy or sell real estate anywhere in the United States!
Since Coldwell Banker Sea Coast Realty is affiliated with CARTUS- the world's largest relocation network -
I can connect your loved ones with a relocation expert ANYWHERE in the country!
So, the next time you know someone thinking of buying or selling, CALL ME!
I'll make sure they receive the same courteous and professional service I provide for my clients!
As always, if I can help with any of your real estate needs, please don't hesitate to call or email!
Cell - (910) 279-3983
Office - (910) 202-3627
Fax - (910) 795-4268
Wendy@SeaCoastRealty.com
WendyInWilmington.com
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