Posted on: 06th Apr, 2004 11:53 pm
Recording Fee is a fee that the local government charges in order to record a mortgage transaction, deed or deed of trust with the local county recorder.
The fee depends upon the respective government. The deed is entered into public records only after a title company prepares and records it for the transfer of property ownership. The title company also demands a fee for checking whether all taxes and liens on the property-title are paid in full.
The recording fees are reflected on the HUD-1 Settlement Statement provided to borrowers at the time of closing.
The fee depends upon the respective government. The deed is entered into public records only after a title company prepares and records it for the transfer of property ownership. The title company also demands a fee for checking whether all taxes and liens on the property-title are paid in full.
The recording fees are reflected on the HUD-1 Settlement Statement provided to borrowers at the time of closing.
Has recording fees changed of late and if yes can you give me some details on that ?
Hi Nel,
Welcome to the Forums,
Yes according to SB 5454 act there is a increase in filling fees and many other fees like recording fees or clerks office charge. Increased fee is in affect from 24.7.2005
Visit SB 5454 act for more information on the topic.
God Bless You,
Thanks,
Samantha
Welcome to the Forums,
Yes according to SB 5454 act there is a increase in filling fees and many other fees like recording fees or clerks office charge. Increased fee is in affect from 24.7.2005
Visit SB 5454 act for more information on the topic.
God Bless You,
Thanks,
Samantha
i live in a house which has 5 landlords in the past two yrs. this present landlord has put in a quit claim deed and the house is in foreclosure it has been for about two months. this new person is coming trying to collect rent and i think it is a scam going on because the landlord is suppose to be living in the house i am staying in. the house is not free of debt because the mortgage place is calling my house thinking that the landlord stays there she is suppose to be using the house for personal use. the person with the quit claim deed is trying to take me to court for rent all in about four weeks of buying the house. what should i do.
Hi regina pittman!
The original lender has quitclaimed the property and the property is being foreclosed upon. I think you should have a word with the new owner who is trying to take you to the court. If you are paying the rents regularly, then I think you will not face any problem. You must be having the payment slips of the rent that you have paid. Apart from this, you should also talk to the lender who is calling you and thinking that your are the owner of the property. You should inform him that you are only a tenant and not the owner.
Thanks.
The original lender has quitclaimed the property and the property is being foreclosed upon. I think you should have a word with the new owner who is trying to take you to the court. If you are paying the rents regularly, then I think you will not face any problem. You must be having the payment slips of the rent that you have paid. Apart from this, you should also talk to the lender who is calling you and thinking that your are the owner of the property. You should inform him that you are only a tenant and not the owner.
Thanks.