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We were fortunate enough to sell our home quickly by ourselves. The buyer is paying in cash and has a closing lawyer. All of her fees are for the buyer except these 2 for us, the seller: A doc prep fee $250 and a satisfaction processing fee $25. We are willing to pay her fairly but these charges don't show up on other settlement statements i've had. Any advice?
We are paying a tax stamp fee and our taxes which I expect. And we are receiving a credit for our 2013 hoa fee.
What have you agreed to about the closing--will the Buyer's lawyer be handling that? If so, a $250 doc prep fee sounds reasonable provided the Buyer is paying a similar fee. I have no idea what a "satisfaction processing fee" is...so just ask what that is supposed to cover.
You said that you are paying "our taxes". Are your property taxes being prorated properly?
I'd need to see the full closing statements to opine whether the closing costs are "fairly" distributed, but it sure doesn't sound like you have much to complain about. The only big questions I would have would concern the property tax prorations and whether Sellers normally pay the tax stamps in your state.
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