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ah ha, thought you meant agencies rather than agent :)
Posted by  sigtogo/OR of OR on 10/21/12 4:17pm Msg #439558
Quicken’s explanation a bit off: they say “Federal law requires that you obtain flood certification insurance if your property lies in a flood zone.” “Certification” should be left out of that sentence and “when financed” should be added to the end of the sentence.
I would imagine the reason for affiliated arrangements with flood determination companies is not money driven since the fee is around $10, 15 or so, but is more a quality control issue and maybe even for cost containment. Flood cert fees have been around for eons and serve a purpose and are people that concerned over this minimal charge? For the cert that is... If flood insurance is required then it is likely provided via BO homeowner ins, not always but most of the time, and does not line the pockets of the flood certifier company. Of course, we know about the lenders and title companies being in bed together but do the borrowers know? (rhetorical)
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Messages in this Thread
 Where is the notary fee on most HUD Settlement Statement? -  Joan Bergstrom on 10/20/12 9:19pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  ToniK on 10/20/12 9:22pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  Gregory/CA on 10/20/12 9:39pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  Marian_in_CA on 10/20/12 9:58pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  Joan Bergstrom on 10/20/12 10:01pm
 Re: Where is the notary fee on most HUD Settlement Statement? - bfnotary on 10/20/12 10:11pm
 Message Deleted - User from 67.142.163.23 on 10/20/12 10:29pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  Marian_in_CA on 10/20/12 10:34pm
 Well, since you asked, here I am!!! - GOLDGIRL/CA on 10/20/12 11:24pm
 Re: Well, since you asked, here I am!!! -  Marian_in_CA on 10/21/12 12:20am
 Re: Message Deleted - Clem/CA on 10/21/12 1:15am
 Re: Where is the notary fee on most HUD Settlement Statement? -  101livescan on 10/20/12 10:17pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  Marian_in_CA on 10/20/12 10:44pm
 Re: Where is the notary fee on most HUD Settlement Statement? - Karla/OR on 10/20/12 11:25pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  Kathy/NJ on 10/21/12 10:21am
 Re: Where is the notary fee on most HUD Settlement Statement? -  101livescan on 10/21/12 10:35am
 Why does CA have so many interspousal grant deeds? I don't - CopperheadVA on 10/21/12 12:59pm
 I have never seen an "interspousal" n/m -  BrendaTx on 10/21/12 1:31pm
 Re: Why does CA have so many interspousal grant deeds? I don't - dgd/CA on 10/21/12 1:38pm
 Re: Why does CA have so many interspousal grant deeds? I don't -  JanetK_CA on 10/21/12 3:40pm
 Agreed, should have stated such. n/m - dgd/CA on 10/21/12 4:06pm
 My response to Cheryl's questions -  sigtogo/OR on 10/21/12 2:18pm
 Re: My response to Cheryl's questions -  Linda_H/FL on 10/21/12 3:13pm
 Re: My response to Cheryl's questions -  101livescan on 10/21/12 3:31pm
 interesting-3 yrs in Oregon n/m -  sigtogo/OR on 10/21/12 3:50pm
 Re: My response to Cheryl's questions -  101livescan on 10/21/12 3:14pm
 ah ha, thought you meant agencies rather than agent :) -  sigtogo/OR on 10/21/12 4:17pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  Carolyn Breckenridge on 10/21/12 2:01pm
 Re: Where is the notary fee on most HUD Settlement Statement? -  101livescan on 10/21/12 3:02pm
 agree-unknow fax backs=additional fee n/m -  sigtogo/OR on 10/21/12 4:12pm



 
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