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I miss the real empire state.
August 16, 2010 - Pat Beck
It’s hard not to - not like NYS.
It costs more to close a mortgage in New York than in any other state, according to a study released by Bankrate.com.
A $200,000 loan for a borrower with good credit would carry additional fees of $5,623 in New York.
No other state was above $4,750.
Now add to what I have been hearing from many individuals lately, doesn’t matter if it’s a $200,000 mortgage or a $20,000 they actual time it is taking for the closing is bordering – ridiculous.
Just an observation for today.
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