How Does Your County Calculate Transfer Fees on Short Sales?
January 21, 2010
A Maryland County is calculating the transfer fee based on the sales price and amount of forgiven debt. This can cause deals to fall apart and could create violations to the new zero tolerance policy related to the new GFE/HUD-1 forms. ALTA would like to know how counties that you operate in handle this calculation.
Contact ALTA at 202-296-3671 or firstname.lastname@example.org.