Appraisal fee definition

Appraisal fee means a fee charged to a borrower by a lender or broker to recover the direct cost of the fee charged by a duly credentialed real estate appraiser for an appraisal in connection with a mortgage loan application. An appraisal fee may be charged to a borrower by a residential mortgage lender or by a residential mortgage broker, but not by both in connection with the same mortgage loan application. A lender or broker may charge a borrower an appraisal fee for a second appraisal provided that requiring a second appraisal is in accordance with duly promulgated rules.
Appraisal fee means a fee charged to a borrower by a
Appraisal fee has the meaning given to such term in Section 5.2(c).

Examples of Appraisal fee in a sentence

  • SELLER WILL PAY: 204 (A) CLOSING COSTS: 205 Deed stamps One-year home warranty 206 Owner’s title insurance policy Mortgage discount not to exceed 207 Title search Appraisal fee 208 Closing attorney/settlement fee Municipal lien search 209 Survey 210 Satisfaction of mortgage and recording fee 211 SELLER’s courier/wire fees 212 Other 213 _ 214 (B) Real estate commission and broker transaction fee pursuant to the listing agreement.

  • SELLER WILL PAY: 266 (A) CLOSING COSTS: 267 Deed stamps One-year home warranty not to exceed $ 268 Owner’s title insurance policy Mortgage discount not to exceed 269 Title search Appraisal fee 270 Closing attorney/settlement fee Municipal lien search 271 Survey Map 272 Satisfaction of mortgage and recording fee 273 SELLER’s courier/wire fees 274 Other 275 _ _ _ 276 (B) Real estate commission and broker transaction fee pursuant to the listing agreement.

  • The cost of credit constitutes various fees that includes Appraisal fee, Monthly collection fee, Statement fee, Agency fee and Administration Fees {Third party Settlements).

  • SELLER WILL PAY: 203 (A) CLOSING COSTS: 204 Deed stamps Mortgage discount not to exceed 205 Owner’s title insurance policy Appraisal fee 206 Title search SELLER’s courier/wire fees 207 Closing attorney/settlement fee Municipal Lien Search 208 Survey 209 Satisfaction of mortgage and recording fee 210 Other .

  • If we determine that the proof is valid, we will return the full selling price and the Appraisal fee to the winning bidder.

  • SELLER WILL PAY: 256 (A) CLOSING COSTS: 257 Deed stamps One-year home warranty not to exceed $ 258 Owner’s title insurance policy Mortgage discount not to exceed 259 Title search Appraisal fee 260 Closing attorney/settlement fee Municipal lien search 261 Survey Map 262 Satisfaction of mortgage and recording fee 263 SELLER’s courier/wire fees 264 Other 266 (B) Real estate commission and broker transaction fee pursuant to the listing agreement.

  • I understand that I am required to pay the following fees at the time of application: Yes / No: Application fee $ Yes / No: Estimated Property Appraisal fee * $ Yes / No: Estimated Credit Report fee * $ * The property appraisal fee and the credit report fee are estimates of the actual cost of the services.

  • Appraisal fee only covers the scope of services contained in this Agreement.

  • SELLER WILL PAY: 195 (A) CLOSING COSTS: 196 Deed stamps Real estate brokerage fee(s) 197 Owner’s title insurance policy Title insurance endorsements 198 Title search ▇▇▇▇▇▇’s flood certification fees 199 Closing attorney/Settlement fee Mortgage discount not to exceed 200 Survey Appraisal fee 201 Satisfaction of mortgage and recording fee Tax service fee 202 SELLER’s courier fees 203 Other .

  • Proceeds will also be used to pay for the following expenses on Borrowers behalf at closing: Appraisal fee, real estate taxes, transfer and mortgage taxes customarily paid by Borrower, recording fees customarily paid by Borrower, Loan Fee, flood insurance (if required), builder’s risk insurance, boundary survey (only if lot is metes and bounds), title insurance, Interest Escrow and Borrower Investment.


More Definitions of Appraisal fee

Appraisal fee means the appraisal fee set out in the Letter payable by the Borrower upon acceptance of the Letter.
Appraisal fee. The actual cost incurred by Lender for an Appraisal, or Lender's standard charge (if any) for the review or preparation by an employee or consultant of Lender of an Appraisal, to be paid by Borrower to Lender pursuant to the applicable provisions of this Agreement.
Appraisal fee. Such costs or fees as may be incurred by Lender for any appraisal which Lender may require or obtain with respect to any collateral for the Loans.
Appraisal fee has the meaning given to such term in the Finance Fee Letter.
Appraisal fee has the meaning specified therefor in Section 2.06(b).