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Fee for Title Search on Property (Loan Past Due)

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We have a real estate loan (1st lien) that was past due by 90 days. The bank requested a title search on the property during the time the loan was past due. The customer has since brought in a check to pay the loan current so they are no longer past due at this time. Are we able to charge the customer the fee for the title search?

You would have to read your loan contract.

First published on 10/21/2018

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