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.

Please Log In to View

Contact ALTA at 202-296-3671 or

SoftPro is the nation's leading provider of real estate closing and title insurance software. With more than 14,000 customer sites and over 60,000 users nationwide, this award-winning software offers a suite of products designed to increase your volume and revenue by reducing the time it takes to do closings. SoftPro has been recognized by the American Business Awards every year since 2007 - winning awards for Superior Customer Service, Support and Product Development. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.