how much is escrow closing fee
Hate to make it sound that greedy, but when we in the industry see escrow fees on the same property run, for example, from $600 to $1,500, it even blows us away. Okâ¦let us begin with the Base rate. Almost all escrow companies charge a base rate, and that is computed on the sales price of the property. At Westcoe Escrow, we charge $2 per thousand of the sales price, plus $200. Therefore, for a $250,000 sales price, the base rate paid by both the buyer and the seller would be $250 x $2 plus $200â¦.for a total of $700. Notice I say both, because this base rate, on 99% of all sales, is charged to both partiesâ¦$1,400 to the escrow company split 50/50 by the buyer and seller.