U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 09-16-2013, 11:48 AM
Location: Charleston, SC
1 posts, read 981 times
Reputation: 10


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.
Reply With Quote Quick reply to this message

Old 09-17-2013, 06:56 AM
6,361 posts, read 7,342,015 times
Reputation: 10822
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.
Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top