Who pays for the expenses like appraisals and title insurance?
This is a very important question because there are brokers out there that will give you a higher quote on the value of your note but then will surprise you at closing with additional costs you will be required to pay. Story Financial Group gives only net quotes, that is what you are quoted is what you will get. We pay all costs associated with appraisals, credit reports of payor, title coverage, recording fees and documentation preparation fees. The one possible exception to this rule can be an abstract in those states where this is applicable. If this has to done from the beginning or for a long period of time it can be very expensive and I handle these on a case by case basis.
