Drive by Fee's

This is not a HAFA short sale, but they have been told they will receive relocation money.

I have a short sale in progress and my seller is being sent drive by fee's from the lender.

every two weeks or so the lender (Seterus) has someone drive by the home. Then a bill is sent to my seller.

Has anyone encountered this before? What if anything should my seller do?

0 members like this

Comment

You need to be a member of Short Sale Superstars to add comments!

Join Short Sale Superstars

Comment by Wendy Rulnick on January 11, 2013 at 1:57pm: Linda - I have never heard of such a thing. The short sale mortgage holder, Seterus, sends the borrower a bill every two weeks to do a BPO? Maybe this is part of their total foreclosure fee, and they are just breaking it down. Maybe someone else will pipe in. I would hope this would be considered "settled" at your short sale approval with waiver of deficiency, and the foreclosure cancellation.

RSS

Welcome to
Short Sale Superstars

Sign Up
or Sign In

Or sign in with:

Members

View All

Badges | Report an Issue | Terms of Service

Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.