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Attorney fees for closing

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randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

Attorney fees for closing

How much did your attorney charge for the closing of your house?

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

Re: Attorney fees for closing

We used a vendor on here - wendi lindsey... she charged us 1k which is about the going rate

Posted 6/1/10 9:07 AM
 

HappyWife
LIF Toddler

Member since 12/06

484 total posts

Name:

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.

Posted 6/1/10 10:19 AM
 

mavaesq
LIF Infant

Member since 6/09

126 total posts

Name:
Valerie

Re: Attorney fees for closing

I generally charge a flat fee of 1,000.00.

Good luck!

Posted 6/1/10 2:45 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: Attorney fees for closing

800-1000 is standard IMO

Posted 6/1/10 2:52 PM
 

randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

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.

Posted 6/1/10 4:37 PM
 

Salason

Member since 6/05

9878 total posts

Name:

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.

Posted 6/1/10 5:05 PM
 

randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

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?

Posted 6/1/10 5:53 PM
 

Salason

Member since 6/05

9878 total posts

Name:

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.

Posted 6/1/10 6:08 PM
 

ttcing
LIF Adolescent

Member since 8/09

851 total posts

Name:
Mel

Re: Attorney fees for closing

750 for our attorney but that is b/c I have known her for years

Posted 6/1/10 6:25 PM
 

Mrs213
????????

Member since 2/09

18986 total posts

Name:

Re: Attorney fees for closing

our attorney is 1200

600 at contract

600 at closing...

Posted 6/1/10 7:44 PM
 

Teachergal
We made a snowman!

Member since 1/08

3239 total posts

Name:

Re: Attorney fees for closing

Ours is $60! Chat Icon But that's because I'm in a union and we use a lawyer that is always on retainer.

Posted 6/1/10 8:58 PM
 

Mrs213
????????

Member since 2/09

18986 total posts

Name:

Re: Attorney fees for closing

Posted by Teachergal

Ours is $60! Chat Icon But that's because I'm in a union and we use a lawyer that is always on retainer.



sixty bucks??!!!Chat Icon Chat Icon Chat Icon

Posted 6/1/10 9:00 PM
 

Deeluvsvinny
DONE

Member since 10/08

4952 total posts

Name:
Whatever

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.

Posted 6/1/10 9:10 PM
 

OStewarts
LIF Adult

Member since 11/07

1096 total posts

Name:

Re: Attorney fees for closing

We also paid $1500 for a Long Island based attorney for our closing.

Posted 6/1/10 9:54 PM
 

bella
LIF Adult

Member since 5/05

1871 total posts

Name:

Re: Attorney fees for closing

I beleive it's $895 and that is on LI

Posted 6/1/10 10:02 PM
 

NoStressMom
My Heart and Soul

Member since 5/05

11122 total posts

Name:
D

Re: Attorney fees for closing

We just closed in May and we paid $850.00

Posted 6/2/10 10:04 AM
 

ndblovah
Be happy always

Member since 1/07

1880 total posts

Name:

Re: Attorney fees for closing

$950.00 he was a recommendation from a friend, and quite cute I must add Chat Icon

Posted 6/2/10 10:55 AM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

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.

Posted 6/2/10 11:11 AM
 

Mrs007
Im obsessed w my lil man!

Member since 3/09

2528 total posts

Name:
K

Re: Attorney fees for closing

$850 from an atty on LI

Posted 6/2/10 6:15 PM
 

Miss2mrs
LIF Adolescent

Member since 1/10

692 total posts

Name:

Re: Attorney fees for closing

I think ours was $1000.00

Posted 6/2/10 7:21 PM
 

MrsFrizzle
<3

Member since 9/09

4628 total posts

Name:
Kristin

Re: Attorney fees for closing

We paid a flat fee of $950

Posted 6/2/10 11:12 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: Attorney fees for closing

My ATTY - flat fee - 800.00.

Posted 6/3/10 6:58 AM
 

pickles16
Real Estate Professional

Member since 11/07

17227 total posts

Name:
Jen

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!!!

Posted 6/3/10 8:49 AM
 

csorisi
My 2 LOVES

Member since 11/05

1984 total posts

Name:
Corinne

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.

Posted 6/3/10 8:05 PM
 
Pages: [1] 2
 

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