Asked by SinLA, West Hollywood, CA • Fri May 21, 2010
The HUD docs were signed, the final deposit money transfered, the loan funded, the deed recorded, buyer has keys in hand. However the escrow company is claiming they forgot to list a $750 lender processing fee on the documents. There was already a $300 "pad" for overages, but they want to receive an additional $400. The fee is apparently a genuine lender fee that they forgot to include, but there were at least 4 back-and-forth's over the HUD docs because escrow kept messing up. At no point was this included, and they had ample time to go over and make sure everything was correct.
Would you advise the buyer to pay the remaining dollars to the escrow company or fight the escrow company on it?
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