BTW Jay,..debit is at 10% of FMV.

Buyer’s closing costs shall be prepaid as a portion of the Option Fee; and closing costs will be paid as defined in Exhibit A.

They do not have any faith in this program and IMO are simply looking to make positive headlines before their quarterly reports after the shellacking they took for the debit card fee plan.I foresee a lot of activity for individual investors and still plenty of opportunity for many years to come.

If you do rent to them, I would require them to pay me 2-3 months of pre-paid rent.

I see them with prepaid phones that end up costing more because they're not responsible enough to have a normal phone plan like the rest of us.

I send a link to the applicant and they log in and initiate the process and pay the fee with a credit or debit card.

Maybe BP should try a Pre-Paid legal RE attorney?

I do it myself all the time, cost in my area if $58.00 for one tenant and $70 for two tenants, may include a small surcharge if you use a debit/credit card and I get the paperwork online, complete and print it.

Yeah, I am anticipating a lot of up selling and I plan on leaving the check book and debit card home :)

A 360 k house here would have about 4 k closing cost not including prepaid property tax.