Closing cost (Escrow and Title Fees)
Hi all,
Can I ask expert opinions on whether my closing costs (I'm the seller) is reasonable for a condo in Los Angeles, CA for $736,000? Title and escrow costs alone add up to be a little over $9K (not including property taxes), and I was wondering if that's considered as industry standard? Thanks in advance.
Details below:
| Title Charges | ||
| Owner's Premium for 736K | $ 2,205 | |
| City Transfer Tax | $ 3,312 | |
| County Transfer Tax | $ 810 | |
| Deed Recording fee | $ 28 | |
| Wire/Express | $ 30 | |
| Sub Escrow | $ 125 | |
| Recoding Services | $ 23 | |
| Notary signing Fee | $ 150 | |
| Escrow | ||
| Escrow Fee | $ 2,090 | |
| Processing Fee | $ 300 | |
| Messenger Fee | $ 50 | |