What is loan tie-in Fee?

Asked by Sometrini, 91942 Fri Oct 15, 2010

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Tyler Brown’s answer
Tyler Brown, Agent, Cardiff, CA
Fri Oct 15, 2010
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
Vincent Vill…, Agent, Chula Vista, CA
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.
1 vote
Nick Ruiz, , San Diego, CA
Fri Oct 15, 2010
Tyler nailed it!

Thumbs up for him.
Web Reference:  http://www.SearchSDMLS.com
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