How to lower notary fees?
How to lower notary fees? In a real estate transaction, the notary fees represent 7 to 8% of the sale price in the old against 2 to 3% in the new. In principle, these are fixed. However, there are a few tips to reduce the cost of your real estate purchase. Drink explains how to lower the number of notary fees. Deduct the value of the furniture from the purchase price Homes are rarely sold completely empty. Most of the time, they include a certain number of equipment that escapes the notary fees. These are mainly: From the equipped kitchen Bathroom furniture Garden sheds Appliances To reduce notary fees, it is, therefore, useful to make a list of equipment before estimating its value. An obsolescence coefficient may be applied depending on the age of the furniture concerned. Then simply deduct the sum from the sale price to determine the amount subject to acquisition costs. To benefit from this reduction in notary fees, it is absolutely necessa...