Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

1,029
Posts
380
Votes
Jake Kucheck
  • Residential Real Estate Agent
  • Costa Mesa, CA
380
Votes |
1,029
Posts

Escrow Company Fees- Homogeneous or Varied By Location?

Jake Kucheck
  • Residential Real Estate Agent
  • Costa Mesa, CA
Posted

Locally, we get a pretty good deal (by my standards) on our escrow fee. $500/file as a flat fee, not a % of the purchase price. Our deals tend to be from $125-200K.

On a retail deal I'm doing at the moment, the sales price of which is $340K, I saw an escrow fee on the closing statement of $995. I thought this was slightly high, but not outrageous. However, the buyer has a relative that claims they closed a $400K escrow with a $500 escrow fee. To me, this seems like a smokin' deal... but wondering if this a function of the location of the deal (different county recorder's having different processess, etc).

Any thoughts/input appreciated.

Loading replies...