|
1031 Exchange Fees
Fees - No Hidden Costs
Our fee covers the entire exchange, start to finish, with no
additional costs to you.
In addition, your funds are held in a separate bank account and
are not co-mingled. We are fully bonded.
Our fees include preparation of all documents, communication with
your closing agent and consultation to answer any of your
questions. It is an all-inclusive fee which includes handling of
both the relinquished and the replacement property.
Fees listed are for the exchange of one property. If you are
acquiring more than one property, the additional fee is $200 per
property. There is no cancellation fee if you do not find a
replacement property. There are no wire fees charged.
Non-Money Market means you do not recieve interest
on your escrow funds during the holding period.
Money Market means you will recieve interest on
your funds during the escrow period. Money Market Rates will vary
and are subject to change.
The fee tables for a standard exchange are as follows:
|
2007 - 1031 Exchange Fees
|
| |
Fee |
| Non-Money Market |
$ 750 |
| Money Market |
$ 1500 |
* Fees above apply to exchanges with a relinquished property sale
price of less than $1 Million. Please call for fees on
relinquished properties greater than $1 Million.
** Special Rates Apply for Licensed Realtors please ask for more
information
All Escrow Funds greater than $1 Million are held in Certified
Escrow Accounts which means they are additional Guaranteed by the
Bank. Additional fee of $250 applies.
|