Posted by BarbaraL_CA on 10/24/06 4:51pm
Msg #154744

Explanation of Closing Costs



I stumbled upon this while researching some stuff and thought I'd share it with those who are interested. Notice it also covers Notary Fees (see below). http://www.meademortgage.com/closingcostcurses.htm

Notary / Signing Fee

What is it? Fee for the notary performing the signing
Who gets it? Notary
How much? $100-$150 for in-office...$150-$200 for a mobile notary
Negotiable? Sometimes. Ask the escrow company as early as possible

Reply by LisaWI on 10/24/06 5:15pm
Msg #154747

Am I reading the printing fees correctly?? $100-175. Wow!!

Reply by BarbaraL_CA on 10/24/06 5:35pm
Msg #154752

This one?
Document Printing Fee

What is it? Fee for escrow printing and collating emailed loan documents
Who gets it? Escrow company
How much? $100 - $175
Negotiable? Not typically
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I would think that pertains to when the docs are printed by the escrow company, not us.
BUT... Escrow would still have to mail them out and a NSA would need to be contracted for the signing, unless, of course they do the closing at the Escrow Co. However, a NSA still needs to be paid. Hmmmmm.

Reply by busybnotary on 10/24/06 6:39pm
Msg #154762

Re: THANKS! Real helpful to have! N/M n/m

Reply by Arant19 on 10/24/06 7:52pm
Msg #154769

Thanx a bunch for the information! Very informative.

Reply by ReneeK_MI on 10/25/06 5:48am
Msg #154821

Nice for explanations, but fees listed are ...

relative to that particular Mtg broker and their specific affiliations and market, as I suspect was their intention. I found many of the fees and also a lot of the terminology to be inconsistant with what's common around my own state, for example.