Jason Painter's Blog - Archives May, 2007

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Home : Blogs : Jason Painter : Jason Painter's Blog : Archives May, 2007

Sneaky Fees On Your Closing Statement - 05/26/07 11:28 PM

I have experienced a few surprises at the closing table recently and I thought I might blog about it here on this website. It seems that a new trend in real estate is hidden fees at closing. Usually for a new home in Southwest Florida there is a commission of 6-7% that is generally split between the buying agent and the selling agent. This commission is evidently not enough for some real estate companies as they have decided to charge their customers an extra $250 to $400 “Documentation Fee” or “Transaction Fee.” This fee will show up whether you are buying … (11 comments)

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Jason Painter

Venice, FL

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PROGRAM Realty, LLC

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