I read David Myers' article, "New Laws Affect Real Estate Deals" (Jan. 18) with interest as I was in the early process of escrow, which opened on Jan. 2, and was subject to the new disclosure rules the real estate lobby got passed in the last Legislature.
My costs to sell the house for $69,000 included the following: For the loan application for the buyer, $354; title company, $513,50; first-mortgage holder fee, $100; second-mortgage holder fee, $190; repair dry rot on one board, $55; county tax collector, $75.90.
In addition, the buyer's agent demanded a new roof, seven days before escrow closed; my cost, $1,625. Including 6% commission to realtors, it cost $7,123.40 ( or 10%) to sell my house.
The result of this escrow suggests that realtors, banks, escrow companies, the termite inspector and the building inspection folks have each found ways to get to the seller.