B&Z Asset Management | |||||||||
Fee Schedule | |||||||||
March 10, 2010 | |||||||||
Service | Fees | ||||||||
Request for Payoff-Estoppel Letter | $25 | Per request | |||||||
Loan Workout/Modification Fees | 1% | of Modified Loan Amount | |||||||
Attorney Demand Letters | $300 | Per Letter | |||||||
Forbearance Agreements/Reinstatements | $1,850 | Per Loan | |||||||
Short Sales/Reverse Mortgages | $2,000 | Per Loan | |||||||
Foreclosure Management -Simple | $500 | Per Loan per svc agreement | |||||||
Foreclosure Management - Complicated | $200 | Hr | |||||||
Document Prep for Affidavit and Bidding Instructions | $500 | Per Loan | |||||||
Deed in Lieu-Includes fees for LLC and Operating Agreement by atty | $1,250 | Per Loan | |||||||
LLC Filing fees and fees for operating agreement | $1,000 | Per Loan | |||||||
Bankruptcy Management | $2,500 | Per BKC | |||||||
Real Estate Owned- Initial Set-up | $2,500 | Per Property | |||||||
Real Estate Owned-Monthly Fee | $500 | per month | |||||||
Real Estate Owned-Repairs and Maitenance | 10% | of Costs | |||||||
Real Estate Owned- Close out Open/old Permits | $150 | Hr | |||||||
Real Estate Owned- Resolve Federal Tax Liens | $150 | Hr | |||||||
Real Estate Owned- County Building Code Violations | $150 | Hr | |||||||
Evictions | $650 | Plus Costs per property | |||||||
Removal of Personal Property valued at less than $500 | $500 | Per Property | |||||||
Removal of Personal Property valued at more than $500 | $2,000 | Per Property | |||||||
Insurance Claims | 25% | of proceeds | |||||||
Repair/Remodel/Construction | 10% | Per Property* | |||||||
Lease/Manage Rental Properties | 10% | Gross Rental ** | |||||||
Real Estate Tax Appeal Request | $350 | Per Appeal | |||||||
Real Estate Tax Appeal Negotiation | 25% | First Year Benefit | |||||||
Deficiency Judgments | $1,750 | Per Judgment | |||||||
Certificate of Use and Certificate of Re-Occupancy | $185 | Hr | |||||||
Property Sale-REO | 2% | Gross Sale Price *** | |||||||
Sale of Note/Mortgage/Judgment | 2% | Gross Sale Price | |||||||
* | Minimum of $1500 per property, Maximum of $15,000. per property | ||||||||
** | Minimum of $500 per month per Single Tenant Property of $1,500 per month per Multi-Unit Property up to 10 Units | ||||||||
*** | Floor of $5000 per property, Maximum of $50,000. per property | ||||||||
Amounts do not include Legal fees/costs, out-of pocket costs or any other third-party provider's fees/costs or any other costs addressed in our servicing agreement | |||||||||