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Both the seller and buyer will have to pay attorney fees. The seller should anticipate to pay their attorney between $250-$750 at closing. It is always important to ask what the fee will be before hiring an attorney.
Do you need a closing attorney in South Carolina?
In South Carolina, conducting a real estate closing is considered the practice of law and must be supervised by a licensed SC attorney.
Who pays attorney fees at closing in SC?
The average closing costs can range from 2% to 5% of the total loan amount. In South Carolina, the average closing cost amount is $3,540 for a $295,000 mortgage. That is just a bit more than 1% of the loan amount and a fair amount less than the national average of $6,800.
Related Searches
Who does the closing attorney represent in South CarolinaWho picks the closing attorneyfees paid outside of a property’s sales price to cover the cost of the real estate transaction.Real estate attorney closing
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