Attorney Fee for Missed Closing - Need Quick Answe

Posted By: OnTheEdge

Attorney Fee for Missed Closing - Need Quick Answe - 04/26/18 02:40 PM

Buyer couldn't meet down payment so day of closing asked for a postponment. Now attorney is wanting to add an additional fee because of missed closing. Not sure what he would call it. I understand his reasoning. I don't think this is allowable under TRID. Can we legitimately deem this a COC???
Posted By: Dan Persfull

Re: Attorney Fee for Missed Closing - Need Quick Answe - 04/26/18 02:42 PM

Why couldn't you? It's an additional charge based on a change requested by the borrower,
Posted By: OnTheEdge

Re: Attorney Fee for Missed Closing - Need Quick Answe - 04/26/18 02:46 PM

See, I need someone with a cool head to point out the obvious sometimes....Thanks Dan !