LAW OFFICE OF DAVID C. WELLS, P.C.
- Small Business Services
- Entity Selection
- Business Formation
- Partnership Agreements
- Buy-Sell Agreements
- Contract Drafting And Review
- Collections
- Franchising
Real Estate Services - Closing Costs.
Closing and escrow agents, whether they are employed by a title company or are attorneys, charge fees for services associated with closing. These fees are paid at closing from the buyer's and seller's funds. Closing attorneys generally save the buyer and seller money because of escrow fees . Title companies typically charge a fee for their escrow services (i.e. the act of holding money for the buyer and seller in the escrow account.) Closing attorneys waive the escrow fee entirely, so the only fee paid at closing is the closing fee, which accounts for the time spent at the closing, and a copying fee, which reimburses the attorney for copying and other administrative expenses.
| Title Insurance Premium | Closing Fees | Escrow Fees | |
| Closing Attorney | Set by Statue | $150 | Waived |
| Title Company | Set by Statue | $150 | $300 |