Chase Closing cost
Chase just switched and is telling me that they are only paying on the HUD Line 1101, wire fee, property taxes and 3 percent commission for one and 5 percent for 2 realtors. Nothing else!.
Has anyone else been told this?. I closed one last week and one will be closing this week.This is the way it was and is.
The buyers have to come out of their pocket with more money.
Has anyone else been told this?. I closed one last week and one will be closing this week.This is the way it was and is.
The buyers have to come out of their pocket with more money.
Replies to This Discussion
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Permalink Reply by Lamanda Jones on
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Have not been told this, but we have had them lower what we had expected for commission. They had taken what was aked for in the closing cost, subtracted it from the selling price and used that as our commission base. It was only a matter of less than $200.00 but that is alot when our paycheck cut low enough these days.
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Permalink Reply by Bettie Meadows on
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Seems what ever is convenient at the moment for them. We all need to negotiate, negotiate. negotiate (smile) to get what we want.
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Permalink Reply by Katerina Gasset on
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When chase is servicing private investor notes, ( not fannie or freddie) they will want to only pay 5% because the negotiators are getting paid on commission also.
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