B of A reducing Escrow/Settlement Fee..Again - Short Sale Superstars2024-03-29T08:16:37Zhttps://shortsalesuperstars.com/forum/topics/b-of-a-reducing-escrow-settlement-fee-again?groupUrl=bankofamericashortsales&commentId=3468065%3AComment%3A379846&x=1&feed=yes&xn_auth=noPer Sr VP at B of A This is…tag:shortsalesuperstars.com,2016-09-09:3468065:Comment:3798462016-09-09T20:16:15.942ZTony Moraleshttps://shortsalesuperstars.com/profile/TonyMorales791
<p>Per Sr VP at B of A This is straight across the board no matter who the investor or MI is.</p>
<p>Per Sr VP at B of A This is straight across the board no matter who the investor or MI is.</p> Not sure about 550 but yes to…tag:shortsalesuperstars.com,2016-09-09:3468065:Comment:3797412016-09-09T20:11:24.697ZBrett Goldsmithhttps://shortsalesuperstars.com/profile/BrettGoldsmith
<p>Not sure about 550 but yes to 750 on deals that size or larger. Obvously they don't want to which is why they will push the fee onto the buyers side many times or at times they just move forward. At times they will get their whole fee and other times it will be reduced. This goes for commission and other fees as well that may be reduced or not approved. It's based off servicer, investor, or MI guidelines depending on who is calling the shots.</p>
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<p>Best of luck in your dispute, it…</p>
<p>Not sure about 550 but yes to 750 on deals that size or larger. Obvously they don't want to which is why they will push the fee onto the buyers side many times or at times they just move forward. At times they will get their whole fee and other times it will be reduced. This goes for commission and other fees as well that may be reduced or not approved. It's based off servicer, investor, or MI guidelines depending on who is calling the shots.</p>
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<p>Best of luck in your dispute, it may work!</p> Brett has any escrow that yo…tag:shortsalesuperstars.com,2016-09-09:3468065:Comment:3797382016-09-09T16:25:32.371ZTony Moraleshttps://shortsalesuperstars.com/profile/TonyMorales791
<p>Brett has any escrow that you know of worked for $550.00 on a $330,000 sale?</p>
<p>Brett has any escrow that you know of worked for $550.00 on a $330,000 sale?</p> At times settlement fee's are…tag:shortsalesuperstars.com,2016-09-09:3468065:Comment:3799252016-09-09T15:53:56.730ZBrett Goldsmithhttps://shortsalesuperstars.com/profile/BrettGoldsmith
<p>At times settlement fee's are reduced. Depends on servicer and investor guidelines.</p>
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<p>Brett@ishortsalenow.com</p>
<p>310-564-6389</p>
<p><a href="http://www.ishortsalenow.com" target="_blank">www.ishortsalenow.com</a></p>
<p>At times settlement fee's are reduced. Depends on servicer and investor guidelines.</p>
<p></p>
<p>Brett@ishortsalenow.com</p>
<p>310-564-6389</p>
<p><a href="http://www.ishortsalenow.com" target="_blank">www.ishortsalenow.com</a></p> Not true Elizabeth. they are…tag:shortsalesuperstars.com,2016-09-08:3468065:Comment:3796352016-09-08T22:35:20.207ZTony Moraleshttps://shortsalesuperstars.com/profile/TonyMorales791
<p>Not true Elizabeth. they are stating to reduce it . the point is why are we allowing B of A to dictate an unreasonable fee. Funny that they don't question title fees You should not have to go to the buyer or agents pay the difference. You should stand up and object to them reducing it,. I am contesting this directly to a Sr VP.</p>
<p>Not true Elizabeth. they are stating to reduce it . the point is why are we allowing B of A to dictate an unreasonable fee. Funny that they don't question title fees You should not have to go to the buyer or agents pay the difference. You should stand up and object to them reducing it,. I am contesting this directly to a Sr VP.</p> Well, B of A is not saying th…tag:shortsalesuperstars.com,2016-09-08:3468065:Comment:3798402016-09-08T22:27:41.063ZElizabethWeintraub00697006LyonREhttps://shortsalesuperstars.com/profile/ElizabethWeintraub
<p>Well, B of A is not saying the fee needs to be reduced. It is just saying it won't allow a payment from the seller to exceed XYZ. I make the buyer pay the difference.</p>
<p>Well, B of A is not saying the fee needs to be reduced. It is just saying it won't allow a payment from the seller to exceed XYZ. I make the buyer pay the difference.</p>