How Much Are the HUD Contract Closing Extension Fees?

How Much Are the HUD Contract Closing Extension Fees?
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If for any reason you are unable to close by the expiration date of your sales contract, you will have to file an extension form and pay a fee for a 15 day extension of your sales contract. The fee for the extension is as follows:

Contract Sales Price Equal to or Less Than $25,000

Extension fee is $10 per day = $150.00

Contract Sales Price Between $25,001 to $50,000

Extension fee is $15 per day = $225.00

Contract Sales Price Over $50,000

Extension fee is $25 per day = $375.00

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