Quote:
Originally posted by Tracy0228 New York State
I have received my reinstatment letter from the attorney's of my mortgage company but I am confused on the breakdown of charges?
Disbursements Advanced $$$$$
Inspection Fee $$$$$
No one has come to inspect my home at any time and I don't understand the disbursements advanced fee which is a couple of thousand dollars?
Thank You
Tracy |
My response: contact the attorney for the bank. You did not state your status such as you were in foreclosure and paid the bank the arrears.
The inspection fee could be a foreclosing lender's inspection fee which is called that but actually is a real estate appraisal fee based on comparable sales in the area and no subject property inspection.
The other disbursement amount may be foreclosure related attorney fees and court costs which the bank paid already and is seeking reimbursement.