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Updated almost 4 years ago,
Closing Costs on Aution.com
Hi,
I bought a REO property on Aution.com. They also did'nt allow us to have an agent. Today, the seller's closing agent asked us to pay an amount of $917 for their fee "other than the title and closing fees". Here is the email I got from them:
( GXXXX's closing coordination fee is
$750, prelim search fee is $112, and contract generation fee is $55. These are buyer fees to be paid at closing. No title is provided with the Auction.com file, you can order your own title.The title and closing fees are your responsibility.)
I think these fee are a bit high. Does anyone know about the fees or have experience with them? Thank you for your advice.