Notary Fee Free or limited by statute, $ 15 for e-recordings.My point here is regardless of who chooses the title company, IF the fees are higher then what other title companies charge, buyers should dispute the fees.In your case, since you are paying for the Owner and Lender title policy premiums, you should take this sheet, ask other title companies to beat it and if they can, tell builder that you have a new title company.Finally, I usually recommend that my Clients go with the builder's approved lenders if it is actually a good deal for them and they are not overcharged elsewhere.I'v had several experiences where the buyer's lender, unfamiliar with the builder, end of demanding to see the builder's financials/evidence they can complete the project and the builder absolutely refuses, causing an obstacle to obtaining loan approval.Good luck.

You may want to have a great insurance policy and budget wisely for repairs and maintenance.

That's what the bank was nervous about.Luckily the title insurance policy that I purchased when I bought from HUD said they'd cover that scenario if they were to file bankruptcy in the future. 

So I wondered if there were investors out there who have spotted lenders that accepted the "LLC" exception on a policy level.I think it's only Fannie so far and not Freddie.Tom Gomer, the 12 month occupancy as primary residence requirement is mentioned in brackets as an example of a possible event that violates the purpose of the loan. 

I have asked for a refund (7 day policy) and I am now waiting for a call or email about it.

If he continues to violate the pet policy or other terms, keep serving him notice and document everything in case he pushes back. 

What is your late rent policy?

You don’t have to worry about the title if someone is buying a title policy at closing.

Either figuring in closing costs, or 6-12 months of PITI left in the bank.Lenders, especially commercial lenders, want to know that you have some reserves leftover in case something happens right after you close, so you can make your payment to them.So, your broker is probably making sure that you can close the deal if you put it under contract.

Immediately after getting an LOI or contract i request the following items....Exhibit BInventory of property tools, supplies and personal propertyExhibit CService contracts including trash, laundry, extermination, lawn service, etc.HVAC and/or boiler reportsExhibit D Property management license (if applicable)Certificate of occupancyExhibit E Certificate of insuranceInsurance claims history for the past 2 yearsExhibit F Commission agreements with the leasing staffCurrent property management contractAny other vendor contractsOther Requested Due Diligence DocumentsLast 2 years of financial operating statementsA year-to-date operating statementLast 6 months of bank statementsUtility deposit registerUtility bills for the last 2 years.Property tax bills for the last 2 yearsIRS Tax returns and addendums for the last 2 years (as relatedto the property only) Articles of IncorporationGood Standing Letter from the Department of RevenueAny licenses in the name of Sathyam EnterprisesRent roll for the property for the last 2 yearsSecurity deposit registerPayroll recordsEach different lease typeWritten property policies such as pets and parkingInformation on all rent concessionsList of any uncompleted maintenance requestsMaintenance and capital improvement history for past 3 yearsLitigation history on the property for the past 5 yearsAny operation manuals for the propertyTitle policySite planArchitectural plansEnvironmental ReportsAny mold inspection reportsAny lead-based paint inspection reportsAny fire system reports or citations