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Real estate settlement attorney
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Real estate settlement attorney - June 11, 2012, 07:33 AM

Does anyone have any experience working with one in Montgomery county md. About how much they charge for a short sale closing? The one my agent picked out wants $900

Thanks


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June 11, 2012, 08:29 AM

Haven't had to do a short sale in awhile, so my information may be dated.
$900 sounds a bit on the high side of the range but not unusual.
I'll ping my contact and get back to you.



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June 11, 2012, 08:49 AM

According to my agent:
Settlement fee is $700-1000.

That doesn't include costs of closing, I.e., transfer and recording, lien release, etc, again all closing costs to seller are paid for by short sale bank who approves the deal.



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June 11, 2012, 12:03 PM

Thanks man, I appreciate you checking for me.


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June 11, 2012, 12:38 PM

Short sale closings require additional work as well, so $900 seems pretty much going rate .


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June 11, 2012, 01:37 PM

PM sent.


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