How Much Are Escrow Fees in Las Vegas?

Dated: November 2 2020

Views: 368

Escrow is a service provided by an organization independent of both the buyer, the seller, and their agents and the fees couls very.


Your title insurance provides protection for you from title problems that may become known after you close your transaction. Some of these common title issues we cover in this podcast that are important to you in escrow.

The escrow officer has three main roles:

1. Holding onto all the relevant sales documents

2. Handling the money (both deposit and full payment) as it moves from buyer to seller and making sure the money gets to the right place at the right stage of the sale process.

3. Handling the deed and title transfers that make the buyer the new legal owner of the property The total escrow fees are commonly 1-2% of the sale price, but can go higher. You have two opportunities for negotiation here: negotiating the fee itself (or shopping around for a different escrow organization), or negotiating how the fee is split between the buyer and seller.





Blog author image

Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

Latest Blog Posts

Nevada Post Highest Foreclosure Rates In 2021

The national trend, 3 metropolitan areas with a population greater than 1 million that had at least 500 foreclosure starts in 2021, saw an annual increase. They included Birmingham, Alabama - up 4%;

Read More

Should You Negotiate When buying A Home In A Sellers Market?

Whether you are a first-time homebuyer or a seasoned veteran, the negotiation part of the transaction can be a little daunting and stressful. However, it is necessary to ensure you are getting the

Read More

27.9% of Las Vegas Local Property Sales - CASH

The total number of existing local homes, condos, town homes and other residential properties sold in Southern Nevada during 2021 was 50,010, according to lasvegasrealtor.com That was the first time

Read More

Las Vegas Predictions for 2022 Real Estate

Experts agree that the Las Vegas real estate housing market will continue to favor sellers for some time, possibly for years, but with slower growth in home prices and decelerating inflation. The

Read More