Fannie re-key fees

[Mark Yuschak]

I've been buying some Fannie inventory and I keep getting stung with the re-key fee. I've tried putting it on my original PA that I won't pay a re-key fee. That portion of my PA gets rejected. Their addendums call for it to be done at the buyer's expense.

As of Friday's closing, the re-key fee was $150. It's such a rip-off. Their 3rd party uses the worst lock sets and do a shotty install. Not to mention, I never use Defiant locks in my rehabs since they're tacky and cheap.

Is anyone else getting hit with these ridiculous fees?