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randella
Love my little man
Member since 8/05 16290 total posts
Name: Randi
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Attorney fees for closing
How much did your attorney charge for the closing of your house?
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Posted 6/1/10 8:45 AM |
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MaZz
* Lovin my baby girl!!! *
Member since 2/09 6243 total posts
Name: Gina
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Re: Attorney fees for closing
We used a vendor on here - wendi lindsey... she charged us 1k which is about the going rate
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Posted 6/1/10 9:07 AM |
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HappyWife
LIF Toddler
Member since 12/06 484 total posts
Name:
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Re: Attorney fees for closing
We just closed (selling) and our fee was $1000 plus $150 document prep (sigh). I think that's pretty much the going rate unless you have something really complicated.
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Posted 6/1/10 10:19 AM |
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mavaesq
LIF Infant
Member since 6/09 126 total posts
Name: Valerie
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Re: Attorney fees for closing
I generally charge a flat fee of 1,000.00.
Good luck!
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Posted 6/1/10 2:45 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name: That Led To The Wrong Tendencies
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Re: Attorney fees for closing
800-1000 is standard IMO
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Posted 6/1/10 2:52 PM |
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randella
Love my little man
Member since 8/05 16290 total posts
Name: Randi
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Re: Attorney fees for closing
hmmmmm... we have a friend doing ours, and I was curious since I know he is not trying to rip us off, but he does mostly have corporate clients so he doesn't normally handle closings like this... but it's substantially more than that. Looks like we have an awkward convo on our hands.
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Posted 6/1/10 4:37 PM |
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Salason
♥
Member since 6/05 9878 total posts
Name:
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Re: Attorney fees for closing
Posted by randella
hmmmmm... we have a friend doing ours, and I was curious since I know he is not trying to rip us off, but he does mostly have corporate clients so he doesn't normally handle closings like this... but it's substantially more than that. Looks like we have an awkward convo on our hands.
I paid between $1500-$2000.
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Posted 6/1/10 5:05 PM |
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randella
Love my little man
Member since 8/05 16290 total posts
Name: Randi
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Re: Attorney fees for closing
Posted by Salason
Posted by randella
hmmmmm... we have a friend doing ours, and I was curious since I know he is not trying to rip us off, but he does mostly have corporate clients so he doesn't normally handle closings like this... but it's substantially more than that. Looks like we have an awkward convo on our hands.
I paid between $1500-$2000.
Out of curiousity, was your attorney in Manhattan?
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Posted 6/1/10 5:53 PM |
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Salason
♥
Member since 6/05 9878 total posts
Name:
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Re: Attorney fees for closing
Posted by randella
Posted by Salason
Posted by randella
hmmmmm... we have a friend doing ours, and I was curious since I know he is not trying to rip us off, but he does mostly have corporate clients so he doesn't normally handle closings like this... but it's substantially more than that. Looks like we have an awkward convo on our hands.
I paid between $1500-$2000.
Out of curiousity, was your attorney in Manhattan?
No actually he was LI based. I'm not sure why we paid so much.
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Posted 6/1/10 6:08 PM |
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ttcing
LIF Adolescent
Member since 8/09 851 total posts
Name: Mel
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Re: Attorney fees for closing
750 for our attorney but that is b/c I have known her for years
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Posted 6/1/10 6:25 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Attorney fees for closing
our attorney is 1200
600 at contract
600 at closing...
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Posted 6/1/10 7:44 PM |
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Teachergal
We made a snowman!
Member since 1/08 3239 total posts
Name:
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Re: Attorney fees for closing
Ours is $60! But that's because I'm in a union and we use a lawyer that is always on retainer.
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Posted 6/1/10 8:58 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Attorney fees for closing
Posted by Teachergal
Ours is $60! But that's because I'm in a union and we use a lawyer that is always on retainer.
sixty bucks??!!!
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Posted 6/1/10 9:00 PM |
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Deeluvsvinny
DONE
Member since 10/08 4952 total posts
Name: Whatever
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Re: Attorney fees for closing
I've worked in Real Estate Law for years. I used to work in Queens the fee was $650-$850. When I worked in Manhattan it was about $1500-$2000. When I worked in LI it was $1000-$1200.
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Posted 6/1/10 9:10 PM |
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OStewarts
LIF Adult
Member since 11/07 1096 total posts
Name:
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Re: Attorney fees for closing
We also paid $1500 for a Long Island based attorney for our closing.
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Posted 6/1/10 9:54 PM |
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bella
LIF Adult
Member since 5/05 1871 total posts
Name:
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Re: Attorney fees for closing
I beleive it's $895 and that is on LI
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Posted 6/1/10 10:02 PM |
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NoStressMom
My Heart and Soul
Member since 5/05 11122 total posts
Name: D
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Re: Attorney fees for closing
We just closed in May and we paid $850.00
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Posted 6/2/10 10:04 AM |
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ndblovah
Be happy always
Member since 1/07 1880 total posts
Name:
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Re: Attorney fees for closing
$950.00 he was a recommendation from a friend, and quite cute I must add
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Posted 6/2/10 10:55 AM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name: That Led To The Wrong Tendencies
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Re: Attorney fees for closing
Posted by randella
but it's substantially more than that. Looks like we have an awkward convo on our hands.
Why is it awkward? If you are overpaying... you are overpaying.
The fact that it's a friend makes it even worse. Shouldn't "friends" be doing things cheaper anyways?
I would just say you can't pay more than $1000 since there are plenty of lawyers willing to do the deal at that price.
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Posted 6/2/10 11:11 AM |
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Mrs007
Im obsessed w my lil man!
Member since 3/09 2528 total posts
Name: K
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Re: Attorney fees for closing
$850 from an atty on LI
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Posted 6/2/10 6:15 PM |
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Miss2mrs
LIF Adolescent
Member since 1/10 692 total posts
Name:
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Re: Attorney fees for closing
I think ours was $1000.00
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Posted 6/2/10 7:21 PM |
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MrsFrizzle
<3
Member since 9/09 4628 total posts
Name: Kristin
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Re: Attorney fees for closing
We paid a flat fee of $950
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Posted 6/2/10 11:12 PM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name: rachel
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Re: Attorney fees for closing
My ATTY - flat fee - 800.00.
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Posted 6/3/10 6:58 AM |
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pickles16
Real Estate Professional
Member since 11/07 17227 total posts
Name: Jen
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Re: Attorney fees for closing
850 flat fee...this was a very well known attorney in the city that a family friend recommended...if you're paying a lot more for a friend I would def have a convo!!!
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Posted 6/3/10 8:49 AM |
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csorisi
My 2 LOVES
Member since 11/05 1984 total posts
Name: Corinne
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Re: Attorney fees for closing
Posted by randella
hmmmmm... we have a friend doing ours, and I was curious since I know he is not trying to rip us off, but he does mostly have corporate clients so he doesn't normally handle closings like this... but it's substantially more than that. Looks like we have an awkward convo on our hands.
I am an RE attorney and we mostly handle commercial closings however when we do handle a residential closing we bill hourly. If it is a residential closing for a client our fee is anywhere from $1500-$2000 and if we are representing someone that isn't our client our fee starts at $2500.
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Posted 6/3/10 8:05 PM |
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