NC state closing fees

[Emeric Harney]

Hi all! Just got a great deal on a place in Raleigh, NC, cash buy. Just got a quote from the RE agents recommended law firm and I’m looking at nearly 3500 in closing costs, more than half of which go to the attorneys office! I only paid 500 on the last two closings in Connecticut. Is this normal for the state of NC or am I being had? Thanks

[Dave Toelkes]

You don't itemize the closing costs for us nor tell us how much you are paying for the property.  I would expect NC closing costs for a median priced property to run less than $2000 for the attorney fee, doc preparation fees, title search, title insurance, prorated property taxes and recording fees.  A good faith etimate is exactly that -- an estimate and it may include some costs that you will not incur.  Your actual costs may differ depending upon the attorney you choose for the closing.