On the average closing costs are $6,000 to $8,000. A short sale home does not allow for seller concession such as "closing cost assistance". You might do better buying a home that is not a short sale and asking for assistance from the seller for closing costs. Most sellers are willing to do this in a "buyers market" such as the one we are in. Hope this helps.
I don't think there is only one answer to this question. You should call few attorneys and find out their rates. It also depands wheather they are invloved in the short sale proceedings or they are only handling the closing for you. Ask your Realtor for few names. If you can't find anyone feel free to give me a call and I'll be happy to recommand few that I worked with in the past. Good luck
Karen Abramson (917) 294-0356
I don't believe there is a set number that exists. Different attorneys charge different rates and some charge more for short sale transactions. I would ask your agent to see if he/she knows a reliable and inexpensive attorney, if not then you should do some research and try to find one best suited to your needs. Just as a word of advice, an attorney with experience with short sales tends to be more valuable than one who isn't. Just to give you an idea, attorneys in my area ( Southern Bergen and Northern Hudson Counties) charge anywhere from $850 on the low end to $1500 on the higher side.
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