Home Buying in 91942>Question Details

Sometrini, Home Buyer in 91942

What is loan tie-in Fee?

Asked by Sometrini, 91942 Fri Oct 15, 2010

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Tyler Brown’s answer
It's typically an escrow fee charged when two loans are used. A sub escrow fee is sometimes charged when the escrow and title company and not the same. These fee's can usually be negotiated out, but not always. Ask your agent if he has a relationship with the escrow officer and can call to remove. If not, call escrow yourself. My advice, honey goes further than vinegar (when you ask escrow to remove the fee).
1 vote Thank Flag Link Fri Oct 15, 2010
Sometrini, if a fee can be negotiated out according to Tyler, then yes its a junk fee. Being an ex mortgage broker for 6 years going into real estate you pretty under stand what the junk fees are and what arent good luck.
0 votes Thank Flag Link Fri Oct 15, 2010
Tyler nailed it!

Thumbs up for him.
Web Reference: http://www.SearchSDMLS.com
0 votes Thank Flag Link Fri Oct 15, 2010
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