Posted by Sharon Taylor on 12/7/06 7:58am
Msg #164487
Inzura's "trip fee" is full fee!
I had a closing cancelled at the table by the title company as the wrong docs were sent to me. Inzura called and asked what my "trip fee" would be. I was not happy to hear the words "trip fee" since, as most of you know, the majority of closing agencies use the term to mean they will pay you a small considerably-reduced payment for the closing. However, it turns out that what Inzura calls a "trip fee" is the full fee!
Since most of us refuse to work for companies that say they will only pay a "trip fee" if you go to the closing and the signing is not completed for any reason, I wanted everyone to know that Inzura's "trip fee" is not a reduced fee, but merely their term for paying you the full agreed fee on a closing that has been cancelled at the table for whatever reason (as long as the reason is not your fault, of course).
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Reply by Linda_H/FL on 12/7/06 9:49am
Msg #164520
I've had one deal with Inzura that was canceled on my way there - I was paid, promptly, 50% of the agreed fee, which was fine with me.
I'm very happy with them and will take all I can get from them.
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