Legal Question in Real Estate Law in New York
Attorney Fees
Is it normal and customery, when purchasing Real Estate, that at closing the purchaser (Buyer) pays the Banks(Mortgage holder) attorney's fee.????
Asked on 12/13/01, 2:17 pm
2 Answers from Attorneys
Amy L. Finch, 845-362-0387
Amy L. Finch, Attorney and Counselor at Law
Re: Attorney Fees
Yes, it is normal for the buyer to pay the bank attorney fee. It is part of your closing costs.
Answered on 12/14/01, 11:39 am
Salvatore Lagonia
Attorney At Law
Re: Attorney Fees
Yes - typically you would pay the bank attorney fee and document prep fee.
Answered on 12/13/01, 2:26 pm