what is the average real estate attorney fee on long island

The real estate attorney’s fee is generally a flat price — around $2000 to $3000 per purchase for a “normal” transaction. An attorney’s fee will drop in areas outside of NYC such as Long Island or the Hudson Valley. The size of the transaction may also affect the attorney fees.

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How much does a real estate lawyer cost in NYC?

Long Island Real Estate Lawyers: $850. We now offer 24/7 online access to your file. Get instant updates and stay informed. Click here to read more.

How much does it cost to sell a house on Long Island?

Dec 09, 2019 · December 28, 2021. The average real estate attorney fee for a purchase or sale transaction in NYC is $2,000 to $3,000. Lawyer fees can be as high as $5,000 for a more complex transaction and for new developments.

How much do attorney fees cost?

Nov 04, 2019 · The real estate attorney’s fee is generally a flat price — around $2000 to $3000 per purchase for a “normal” transaction. An attorney’s fee will drop in areas outside of NYC such as Long Island or the Hudson Valley. The size of the transaction may also affect the attorney fees. If you are buying a $50 million condo, your attorney’s fees will likely be more than if you were …

How much does it cost to hire an expert lawyer?

Jan 08, 2018 · To be more specific, the following illustrates the typical cots that a buyer and seller might see for the sale of a median priced home in Long Island: For The Buyer. Buyer’s Attorney: $1500-$2000 Bank Fees: $750 Application Fee: $350 Administrative/Processing Fee: $330 Appraisal Fee: $700-$1,500 (depending on sales price)

How much does a real estate attorney cost in NY?

How much will you pay in real estate attorney fees for closing? Generally speaking, real estate agents will estimate that attorney fees in NYC will range anywhere from $1,500-$4,000 per transaction.Jan 8, 2022

What are the average New York City lawyer attorney fees?

The typical lawyer in New York charges between $122 and $485 per hour. Costs vary depending on the type of lawyer, so review our lawyer rates table to find out the average cost to hire an attorney in New York....How much do lawyers charge in New York?Practice TypeAverage Hourly RateTrusts$474Wills & Estates$33723 more rows

What is the highest hourly rate for an attorney?

Just as it did last year, the District of Columbia has the highest lawyer hourly rate, an average of $380, up 8.4% from 2019, when the average was $348. After D.C., the top jurisdictions are, in order, New York at $357 (+3%), California at $338 (+4.4%), Delaware at $333 (+7.2%) and Nevada at $312 (+1.2%).Feb 3, 2021

Do sellers pay closing costs in NY?

Seller closing costs in NYC are between 8% to 10% of the sale price. Closing costs include a traditional 6% broker fee, combined NYC & NYS Transfer Taxes of 1.4% to 2.075%, legal fees, a building flip tax if applicable as well as building and miscellaneous fees.