To transfer ownership of the relinquished and replacement property at the same time.
Within 180 days after a property is sold, a replacement property is purchased.
The replacement property is purchased before the relinquished property is sold.
When the exchanger wishes to construct a new replacement property or make improvements to a replacement property.
Flat rate of $650 which includes the sale of one relinquished property.
First replacement property fee: $50
Additional replacement property fee: $300
Fees for a reverse or improvement exchange starts at $5,000 depending on the complexity and if there is financing involved.
$350.00 processing fee. In the event the exchanger receives a promissory note and deed of trust from the buyer of the relinquished property as part of the exchange proceeds.