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Re: Sandwich Lease Option Closing Escrow QuestionsIn Reply to: Re: Sandwich Lease Option Closing Escrow Questions posted by Warren Priske on December 04, 2003 at 10:22 PM
THANK YOU VERY MUCH FOR THE KNOWLEDGE. WHICH AREA DO YOU INVEST IN?? FOR ME IN SANTA CLARA COUNTY, CA. DOING A LOT OF PREFORECLOSURE, SUBJECT TO, AND LEASE OPTION.
: Escrow companies aren't uniform as to what they charge, but it you have your seller paying 1/2 the closing costs and your buyer paying the other 1/2, you should only be paying nominal fee for your participation in the deal. It usually cost me around $700 (for what my escrow company calls a "sub-escrow") when I do these types of deals.
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