The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Heres the numbers:  Borrower(s)Subject PropertyRate Not Locked 9/30/2024 Sales PriceDown PaymentLoan Amount30 Year FixedContract DepositSeller ConcessionNMLS#  $670,000.00$167,500.00$502,500.007.000% $0.00$0.00  Bank Origination Charges Estimated Title / County / State ChargesOrigination Points % $ - Owner's Title Insurance $ 4,415.00Discount Points % 1.500% $ 7,537.50 Lender's Title Insurance $ - Underwriting Fee Title Search $ - Appraisal Fee $ 650.00 Title Services $ - Credit Report Services (1) $ 299.00 Alta 8.1 $ - MERS Fee $ 25.00 Recording & Transfer $ - Flood Certification $ 8.00 Notary $ - Tax Service $ 85.00 Settement Fee $ - VOE Fee $ 150.00 Total $ 4,415.00 Total $ 8,254.50 Prepaid Interest / Items Potential Additional CostsPer Diem Interest 15 Days $ 1,465.63 Rental 1007 $ 250.00Home Insurance $ 1,800.00 New Survey (if applicable) $ -Flood Insurance $ - 2nd Appraisal / Reinspection $ - Total $ 3,265.63 Total $ 250.00 Escrow and/or Property Taxes Due Total Estimated Monthly PaymentsTotal Insurance(s) 3 Months $ 450.00 Principle and Interest $ 3,343.15Property Taxes 4 Months $ 2,868.64 Total Property Taxes $ 717.16Total $ 3,318.64 Total Insurance(s) $ 150.00 HOA / Maintenance $ - Monthly PMI $ - Total $ 4,210.31Total Estimated CostsEstimated Closing Costs $ 12,919.50 Estimated Escrow Prepaids $ 6,584.27 Estimated Funds To Closing $ 187,003.77

Also besides PA fees what other fees did they charge you?

Still, no.The next day she feels 10k is reasonable.I initially was inclined to help her with a new bedroom set, and return of security deposit along with not charging the month of september while she finds a new place.My responsibility or not, amicably helping a tenant vacate quickly is in everyone's best interest.

*Do we charge them rent and then gift that amount back to them (the FMR is well below annual gift limits) or can we gift them rent and still deduct expenses on our taxes?

@Brandon KrasnerTurbox charges $1749 for a full service partnership/business return. $1500 and up is the going rate.

No only do I not charge I go to the market on my own dime.. lots of folks in my situation would be charging the client up front for Due diligence trips.. etc etc.. by me paying for all my own expenses I am also not obligated to do any business with folks I may not wish to run this program with.

Be sure to take photos when tenants move in and let them know they will be charged for any further dents/scratches that they cause. 

You have to keep your long term goals in mind and not just look at the little money that pro's charge.  

They have a wholesalers package that they charge for but it will have all the information that you will need to wholesale correctly. https://hockertitle.com/