In Georgia, buying a home means you'll need to budget for closing costs, typically ranging from 2% to 5% of the purchase price. For this $235,000 property, that means having roughly $4,700 to $11,750 ready at the finish line.
Georgia is an attorney state, so a legal pro will handle the paperwork rather than just a title company. You’ll also deal with specific state taxes, like the Transfer Tax ($1 per $1,000 of value) and the Intangible Tax if you're financing ($1.50 per $500 of loan amount).
| Expense Item | Estimated Range |
| :--- | :--- |
| GA Transfer Tax | $235 (Fixed) |
| Attorney & Document Fees | $850 – $1,300 |
| Title Insurance (Owner/Lender) | $1,000 – $1,800 |
| Appraisal & Credit Report | $550 – $800 |
| Recording Fees | $100 – $200 |
| Prepaids (Insurance/Taxes) | $1,500 – $3,500 |
Keep in mind that your "prepaids"—like setting up your escrow account for property taxes and homeowners insurance—can fluctuate. Since the annual taxes here are a low $1,491, your tax escrow won't hit your wallet as hard as it would in other states!