The average closing cost in Connecticut is about 2-3% of the purchase price of the property. These costs can include the cost of the title search, appraisal, attorney’s fees, and real estate commission. The seller typically pays the majority of the closing costs, but the buyer may also be responsible for some of the costs.
Here is a breakdown of the typical closing costs in Connecticut:
- Title search: $200-$500
- Appraisal: $300-$500
- Attorney’s fees: $1,000-$2,000
- Real estate commission: 3-6% of the purchase price
Please note that these are just estimates and the actual closing costs can vary depending on the individual property and transaction.