| Transfer tax | Excise tax $2.00 per $1,000 of consideration. |
|---|---|
| Usually paid by | Seller (customary) |
| Attorney at closing | Required |
| Recording | Recording fees are set by the county register of deeds: $26 for the first 15 pages plus $4 per page after. |
What drives your total
Lender fees, title insurance, prepaid taxes and insurance, and any points you buy move the number most. On a $400,000 purchase, 2–5% means roughly $8,000–$20,000 at the table, your Loan Estimate itemizes every dollar three business days before closing.
Ways to reduce cash to close
- Seller credits (negotiated in the contract, program limits apply)
- Lender credits in exchange for a slightly higher rate
- Down payment assistance programs where available
- Closing on time, per-diem interest accrues daily
Sources: Tax Foundation 2026 (2024 ACS); NAR/NCSL transfer tax table. Figures are typical ranges, not quotes.
FAQ
How much are closing costs in North Carolina?
Buyer closing costs in North Carolina typically run 2–5% of the purchase price. State-specific items include: Excise tax $2.00 per $1,000 of consideration.
Who pays transfer tax in North Carolina?
Customarily the seller (customary) pays the transfer tax in North Carolina, though it is negotiable in the contract.
Does North Carolina require an attorney at closing?
Yes, North Carolina is an attorney-closing state, so budget for attorney fees at the closing table.