Asked by Larry, New Jersey • Tue Nov 25, 2008
I sold a home in 2006. I was required to set aside 40K in escrow ti insure a clear title. I asked my lawyer to handle its recovery. After some badgering my lawyer says that it is clear to be returned to me. I was shocked that there was no interest comming to my on this escrow money. But my big question regards my lawyer's fee. He is charging me $1,000 for recovering my escrow money. And he is deducting it from the escrow money rather than sending me a bill. Is $1,000.00 an average fee for recovering real estate escrow money?
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