Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

2,498
Posts
281
Votes
Bienes Raices
  • Orlando, FL
281
Votes |
2,498
Posts

Junk fee was added to HUD on cash deal

Bienes Raices
  • Orlando, FL
Posted

I just got the HUD today and $350 fee for "mandatory compliance" was added to the HUD by my buyer's agent broker. Buyer's agent did not return my phone calls or emails about it. I called his broker and he claimed it was for the costs of storing files for five years.

Is there a way I can fight this or do I have to pay the fee? The fee was never disclosed beforehand by my agent.

Most Popular Reply

User Stats

484
Posts
181
Votes
Mark H.
  • SFR Investor
  • Phoenix, AZ
181
Votes |
484
Posts
Mark H.
  • SFR Investor
  • Phoenix, AZ
Replied

Demand a copy of your HUD-1 24 hours in advance, so you have a chance to review it. In the case of a junk fee like that, you and the seller can tell the escrow office to remove it, and they will.

Loading replies...