Closing Costs in Gallatin County The Lowest in Montana
If you're in the market for home a new study ranked closing costs as a percentage of median home value. Gallatin County was found to have the lowest closing costs in the state of Montana.
Gallatin County was found to have a 1.1% closing cost as a percentage of home value from a recent study. Ranking second on the list, nearby Jefferson County was found to have a 1.2% closing cost as a percentage of home value.
Closing costs are the charges and fees that are paid when you purchase a home. This can include mortgage insurance, homeowner's insurance, and the property tax for the buyers. The seller traditionally covers ownership transfer fees and real estate commission.
See a full break down of the ranking for the state of Montana in the table below:
|Rank||County||Avg. Closing Costs||Median Home Value||Closing Costs as % of Home Value||Closing Costs Index|
|9||Sweet Grass, MT||$3,307||$242,100||1.4%||86.85|
If you're in the market for a home, especially if you are a first-time buyer, you don't want to make any mistakes that could cost you getting your dream home. Thanks to Dina Emmert and Your Home Team at Windermere Real Estate, there's a Home Buyer's Guide that will take you through each step of the home buying process. With over a quarter of a century of experience, Dina and her team know the ins & outs of the home buying process.
If you're interested in getting one of these Home Buyer's Guides email Dina Emmert at Dina@Windermere.com.