Seller and Buyer Closing Costs State By State

Seller and buyer closing costs can really add up. High seller closing costs and fees can cut into the profit a seller is expecting to pocket from the sale of his or her home or increase the amount of money the seller needs to come to the closing if the seller owes more money on his mortgages than the amount he or she will net from the sale of the home.

Likewise, buyer closing costs can increase the amount of money a buyer needs to close on the purchase a home.

We have several other articles on ThinkGlink.com that list the endless seller and buyer closing costs you’ll encounter when you buy or sell property. You should read those articles for more detailed information on the seller and buyer closing costs you’ll encounter. You can link to these other articles here:

[ad#in_content_500]

Buyer Closing Costs

Seller Closing Costs.

Addressing the Forgotten Seller and Buyer Closing Costs: Title Insurance and Survey Costs

Most people remember many seller and buyer closing costs but two closing costs that are at times forgotten are title insurance expenses and survey costs.

In just about every state, the buyer must pay for title insurance expenses related to their loan with their lender. In some states ,the seller pays for the owner’s title insurance policy as a seller closing cost. In other states, the buyer pays for the owner’s title insurance policy as a buyer closing cost.

An owner’s title insurance policy insures the new buyer of the home against title insurance problems and issues. Done right, an owner’s title insurance policy will protect a buyer against forged documents, lien claims, undisclosed easements and other agreements, and claims by others against the new buyer’s ownership interest in the property.

Finally, in many states, if you want to make sure you know what you are buying and that there are no title insurance problems or issues relating to property boundaries or other survey issues, you need to come to the closing with a plat of survey.

The plat of survey will depict the building and other structures located on the land you are buying and draw out any potential problems with that particular piece of land. If the neighbor’s garage is actually a foot onto the property you are buying, the survey should disclose that.

For more information on surveys, read:

No Survey Leads to Big Problems.

STATE BY STATE GUIDE TO PAYING FOR TITLE INSURANCE AND SURVEYS

SEE BELOW TO DETERMINE THE PARTY THAT MAY BE RESPONSIBLE FOR THE PAYMENT OF TITLE INSURANCE COSTS AND SURVEY EXPENSES FOR THE FOLLOWING STATES:

VOID" rules="NONE">
STATE TITLE INSURANCE SURVEY
ALABAMA Negotiable Negotiable
ALASKA Seller Seller
ARIZONA Seller Buyer
ARKANSAS Seller Negotiable
CALIFORNIA Varies Buyer
COLORADO Seller Negotiable
CONNECTICUT Buyer Buyer
DELAWARE Buyer Buyer
DISTRICT OF COLUMBIA Buyer Buyer
FLORIDA Seller Negotiable
GEORGIA Negotiable Buyer
HAWAII Varies Negotiable
IDAHO Seller Negotiable
ILLINOIS Seller Seller
INDIANA Seller Buyer
IOWA Negotiable Negotiable
KANSAS Varies Seller
KENTUCKY Buyer Buyer
LOUISIANA Buyer Negotiable
MAINE Buyer Buyer
MARYLAND Buyer Buyer
MASSACHUSETTS Buyer Buyer
MICHIGAN Seller Negotiable
MINNESOTA Negotiable Negotiable
MISSISSIPPI Seller Negotiable
MISSOURI Varies Seller
MONTANA Seller Negotiable
NEBRASKA Divided equally Seller
NEVADA Seller Negotiable
NEW HAMPSHIRE Buyer Buyer
NEW JERSEY Buyer Buyer
NEW MEXICO Seller Buyer
NEW YORK Buyer Negotiable
NORTH CAROLINA Buyer Buyer
NORTH DAKOTA Buyer Buyer
OHIO Negotiable Buyer
OKLAHOMA Buyer Buyer
OREGON Seller Buyer
PENNSYLVANIA Buyer Buyer
RHODE ISLAND Buyer Buyer
SOUTH CAROLINA Buyer Buyer
SOUTH DAKOTA Divided equally Buyer
TENNESSEE Seller Negotiable
TEXAS Seller Negotiable
UTAH Seller Buyer

Use this information only as a guide in determining buyer or seller closing costs when planning for your home purchase or sale. Keep in mind that some of these costs may change from county to county, depending on the custom in each county. For more information, you can call a title insurance company in your area and ask them to tell you who typically pays for these expenses in your area or talk to a real estate attorney in your community. Frequently, most real estate sales agents and brokers are also quite knowledgeable on the issue of who pays for what when it comes to some of these expenses.

[ad#in_content_1500]

You should also know that title insurance costs vary from state to state. For example, in some states, the owner’s title insurance policy on a $100,000 home may cost $1,500 and that same policy in a different state may cost two or three times that amount. Furthermore, title insurance fees seem to multiply if you are buying a home and you have a lender involved. With a lender, buyer closing costs can mushroom by including a lender’s title insurance policy along with “required” endorsements.


Rate This Article
1 Star2 Stars3 Stars4 Stars5 Stars (7 votes, average: 4.29 out of 5)
Loading...Loading...
Related Topics
, , , .
View our other articles that are related to this post.

© Ilyce R. Glink. All rights reserved. This content may not be used, distributed, syndicated, compiled or excerpted in any medium or form without written authorization from Think Glink, Inc. For information on syndicating ThinkGlink.com please contact us.

30 Responses to Seller and Buyer Closing Costs State By State

  1. Laraine says:

    I am thinking of selling a home in Florida.
    Could you please tell me who is responsible for the survey of the property in Fl? Bringing electrical up to code. If you as the buyer want to have it rezoned.
    I am sure the laws are probably different in Fl than they are in Mi.

  2. John says:

    “State by state…” and yet at least 6 states are missing from the list. Any state that starts with V or W is oddly missing. Sadly, I live in one of those states so this article is useless.

  3. Renganathan Srinivasan says:

    I intent to cose a new home from builder at pensilvania state let me know buyers cost to be involved at closing
    Title home insurance (I presume seller give clear warrant title insurance)
    Let me clarify
    Home owners title insurace who pay the cost seller or buyer
    Survey
    What are other things buyer pay
    Let me clarify thanks

  4. Renganathan Srinivasan says:

    I intent to cose a new home from builder at pensilvania state let me know buyers cost to be involved at closing
    Title home insurance (I presume seller give clear warrant title insurance)
    Let me clarify
    Home owners title insurace who pay the cost seller or buyer
    Survey
    What are other things buyer pay
    Let me clarify thanks

  5. Renganathan Srinivasan says:

    I intent to cose a new home from builder at pensilvania state let me know buyers cost to be involved at closing
    Title home insurance (I presume seller give clear warrant title insurance)
    Let me clarify
    Home owners title insurace who pay the cost seller or buyer
    Survey
    What are other things buyer pay
    Let me clarify thanks

  6. Rosalyn says:

    Performed a comporehensive range of clinical functions in the
    70-bed neonatal intensive care unit. A durable transaction ensures that immediately after the transaction is finalized,
    the transaction will never ever be undone even when the method faces a dysfunction. ACLS
    certification is becoming a requirement in offering the emergency
    service to sick patients.

  7. Je suis journaliste et je prépare un reportage sur les célibataires, les méthodes pour trouver l’âme soeur. Le reportage sera diffusé dans une émission sur France2.Agenda cinéma de la semaine du 11 Juillet 2012

  8. createspace says:

    Hello there! This article couldn’t be written any better! Reading through this article reminds
    me of my previous roommate! He always kept preaching about this.

    I will forward this article to him. Fairly certain he’ll have a
    good read. Thanks for sharing!

  9. The baby was named for her great grandmother, Ruby Dunn Black, who cradled her for the first time last week.A Guide to Recognition of Species Found on Alabama Trees

  10. Kulturystyka – amatorska czy profesjonalna dziedzina sportu.
    Polega na polepszaniu charakterystyk padła poprzez hipertrofię mięśni szkieletowych w uzysku praktyk fizycznych
    realizowanych z zawaleniem; z jednoczesnym optymalnie akceptowalnym obniżeniem tkanki tłuszczowej podskórnej w
    zamysłu lepszego unaocznienia mięśni.
    Historia

    Kulturystyka pochodzi się z ćwiczeń treningowych mięœniaków zaœ zapaśników z pozostałej połowy XIX
    wieku. Za prekursora nowoczesnej kulturystyki sądzi się niemieckiego osiłka Eugena Sandowa, który zachodził z popisami cyrkowymi w odmiennych rogach
    na zwrocie XIX zaœ XX wieku. Kulturystyka jako subordynacja sportowa wyłuskała się pod skraj latami 40.
    w USA za myœlą braci Bena zaœ Joe Weiderów, jacy w 1946 przewidzieli IFBB.
    Jednym z najsłynniejszych kulturystów jest Arnold
    Schwarzenegger, który uzyskał 7 tytułów Mr.
    Olympia (1970-1975 i 1980) a 5 tytułów Mister Universe.
    Wielokrotnie dostawał samego premii w zgadywankach Mister World,
    Mister International czy Mister Europe.

    Od 1970 roku załatwiane są też zawody dla białogłów.

    Podział

    Kulturystyka wydziela się na trzy węzłowe siatki:

    kulturystykę rzeczywistą – dokąd obowiązuje totalny interdykt przyjmowania ciemnych środków dopingujących takich
    jak steroidy anaboliczno-androgenne, hormon przyrostu, insulina czy diuretyki;
    kulturystykę “ekstremalną” – najszerzej popularną (kojarzoną z osobami braci Weider czyli tejże Arnolda Schwarzeneggera), której zamysłem istnieje
    otrzymanie perfekcyjnej masy mięśniowej; zawodnicy podzieleni są na kategorie wagowe;
    kulturystykę imponującą – w której nienaturalnoœć rozpadem na kategorie wzrostowe
    wtajemniczono tegoż zredukowania ważnoœci (wg PZKFiTS):
    kategoria do 170,0 cm: optymalna ważnoœć = (wzrost – 100) + 2 kg;
    jakoœć 170,1-175,0 cm: perfekcyjna ranga = (wzrost – 100) + 4
    kg;
    jakoœć 175,1-180,0 cm: maksymalna ważnoœć = (wzrost – 100) + 6 kg;
    jakoœć 180,1 cm i więcej:
    180,1-190,0 cm: maksymalna istotnoœć = (wzrost
    – 100) + 8 kg,
    190,1-198,0 cm: perfekcyjna powaga = (wzrost – 100) + 9 kg,
    198,1 cm oraz więcej: perfekcyjna ranga = (wzrost – 100) + 10 kg.

    Ocena

    Podczas fachów obliczany jest design zawodników (jakość umięśnienia, separacja mięśni, symetria natomiast proporcje osobnych partii).
    Prezentacja mięśni odbywa się podług określonego
    zrębu œciemniania:

    sztucznoœć “mięśnie dwugłowe rozgałęzień frontem” (ocena bicepsów oraz ich stosunku do tricepsów; nota częœci mięśni czworogłowych ud do
    mięśni nadętych łydek; ocena związku długości tułowia do
    długości nogi oraz długości ud do długości podudzi);

    sztucznoœć “mięśnie najszersze brzegu frontem” (ocena wszystkich mięśni doœwiadczanych od przodu; ocena
    stosunku mięśni najszerszych szczytu do bioder i talii);
    poza “mięśnie klatki piersiowej bokiem” (ocena mięśni klatki piersiowej, mięśni naramiennych,
    rozgałęzień, przedramion, ud oraz podudzi; nota częœci
    niedorajd w stosunku do tułowia);
    mina “mięśnie dwugłowe ramion tuczyłem” (ocena każdych mięśni spostrzeganych od tyłu);
    nienaturalnoœć “mięśnie najszersze wierzchołka tyłem” (ocena związku podniosłej części zgromadzenia do dolnej a związku mięśni
    naramiennych zaœ najszerszych dachu do talij zaœ do mięśni ud);
    maska “mięsień trójgłowy ramienia bokiem” (ocena tricepsa, mięśnia dwugłowego uda i mięśni łydki);
    maniera “mięśnie kałduna przodem” (ocena mięśni szablonowych kałduna i mięśni czworogłowych uda);

    W drugiej części akceptowalne istnieje zrobienie prezentacji w ramach systemu umownego, również z wyzyskaniem choreografii.

    Federacje

    Rozwojem kulturystyki na świecie zwraca Międzynarodowa Federacja Kulturystyki zaœ Fitnessu
    (IFBB), chociaż w Polsce od 1989 jest Polski Związek Kulturystyki, Fitness natomiast Trójboju Siłowego.
    A także: NABBA, IBFA, WBBF/WFF, WABBA (World Amateur Body Building Association), NAC oraz wiele mniejszych federacji.

  11. Or mulberry outlet do not need to understand, because they do not the same people of the world. Day policy camp has appeared in sight, mercenary embattled, without the slightest malaise is not following simple defense staggered during the District number baizhang the distance, I do not know the surprise trip, or a death march. Without wasting mulberry outlet to this was. The “Amherst Act finally spoke, the first sentence is to praise the enemy. Three hundred eligible thieves on horseback, see mercenary can only rear junction array to be only one person alone in front, and his heart laughed, single-handedly to resist the 300 horses in the open heaven’s I was just kidding!.

  12. Greetings! I know this is kinda off topic however , I’d figured I’d ask. Would you be interested in trading links or maybe guest writing a blog article or vice-versa? My site covers a lot of the same topics as yours and I feel we could greatly benefit from each other. If you’re interested feel free to shoot me an e-mail. I look forward to hearing from you! Awesome blog by the way!

  13. Does your blog have a contact page? I’m having trouble locating it but, I’d like to send you an e-mail. I’ve got some ideas for your blog you might be interested in hearing. Either way, great blog and I look forward to seeing it grow over time.

  14. I don’t even know how I ended up here, but I thought this post was great.
    I don’t know who you are but certainly you’re going to a famous blogger if you are not already ;) Cheers!

  15. Wow, this paragraph is fastidious, my younger
    sister is analyzing these things, thus I am going to convey her.

  16. Hi there, I enjoy reading through your article. I wanted to write a little comment to support you.

  17. Please let me know if you’re looking for a author for
    your blog. You have some really good posts and I believe I would be
    a good asset. If you ever want to take some of the load off,
    I’d really like to write some articles for your blog in exchange for a link back to
    mine. Please shoot me an e-mail if interested. Many
    thanks!

  18. Spencer says:

    Very nice post. I just stumbled upon your weblog
    and wished to say that I’ve truly enjoyed surfing around your weblog posts.
    In any case I will be subscribing for your rss feed and I hope you write once more soon!

  19. Its like you read my mind! You appear to know so much
    about this, like you wrote the book in it or something.
    I think that you can do with a few pics to drive the
    message home a little bit, but instead of that, this is magnificent blog.
    An excellent read. I’ll definitely be back.

  20. I read this article fully about the difference of most recent and previous technologies, it’s amazing article.

  21. Good day I am so glad I found your blog page, I really found you by error, while
    I was researching on Aol for something else, Nonetheless
    I am here now and would just like to say
    kudos for a remarkable post and a all round exciting blog (I also
    love the theme/design), I don’t have time to read through it all at the moment but I have saved it
    and also added your RSS feeds, so when I have time I will be back to
    read much more, Please do keep up the fantastic job.

  22. Christoper says:

    This is very interesting, You are a very skilled
    blogger. I have joined your feed and look forward to seeking more
    of your magnificent post. Also, I’ve shared your web site in my social networks!

  23. Pretty nice post. I just stumbled upon your weblog
    and wanted to say that I have really enjoyed surfing around your blog posts.
    After all I will be subscribing to your feed and I hope you write again very soon!

  24. Online courses are taking over the land-based course.
    In both the live and online certification, one is graded according to how
    they have performed. Other institutes offer free unlimited online practice tests or mock tests before your real online exam.

  25. Experts account this section to replace the traditional mannequin part of offline courses.
    Obviously physicians and other medical staff
    may have their advanced life support qualifications but as a civilian you don’t
    need these. Because every healthcare provider is required to integrate a solution for electronic medical records, IT professionals
    will be necessary to help maintain these solutions and ensure the solutions are fully operational when healthcare providers need the records
    or data.

  26. Hello There. I discovered your blog using
    msn. This is a very smartly written article. I’ll be sure to bookmark it
    and come back to read more of your useful info.

    Thanks for the post. I will definitely comeback.

  27. Nigel says:

    Asking questions are in fact fastidious thing if you are not understanding something fully, but this
    article offers good understanding yet.

  28. He was chopped in round one after he failed to plate a single thing, although, after tasting his sauce, Judge Chris Santos said Gwenael had the potential to go all the way.Christmas charity toy collection begins today

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>