California REO Calculator
WARNING, THE CALCULATIONS MUST BE DONE MANUALLY FOR AMOUNTS OVER $5 MILLION OR WHEN THERE IS MORE THAN ONE LOAN IF THE AMOUNT OF THE LOANS EXCEEDS THE SALES PRICE
The REO rate applies to transactions where an owner’s policy is being issued (1) to the foreclosing lender in conjunction with a foreclosure or deed in lieu of foreclosure, or (2) to a purchaser from the foreclosing lender following a foreclosure or deed in lieu of foreclosure.
¹The Cash Escrow Fee includes basic escrow services by the Company and the following specific items: issuance of all checks except those to pay credit card or other debt not secured by the real property involved in the escrow, up to four wire transfers, local messenger service (excluding special messenger), up to two standard overnight mail deliveries (letter size or equivalent) and preparation of up to two documents.
²The 1 Loan Fee includes the services in the Cash Escrow Fee, plus one electronic document download, one loan-tie-in fee and preparation of one additional document.
³The 2 Loan Fee includes the services in the Cash Escrow Fee, plus two electronic document downloads, one loan-tie-in fee, preparation of one additional document and one concurrent junior mortgage escrow fee.
The REO rate applies to transactions where an owner’s policy is being issued (1) to the foreclosing lender in conjunction with a foreclosure or deed in lieu of foreclosure, or (2) to a purchaser from the foreclosing lender following a foreclosure or deed in lieu of foreclosure.
¹The Cash Escrow Fee includes basic escrow services by the Company and the following specific items: issuance of all checks except those to pay credit card or other debt not secured by the real property involved in the escrow, up to four wire transfers, local messenger service (excluding special messenger), up to two standard overnight mail deliveries (letter size or equivalent) and preparation of up to two documents.
²The 1 Loan Fee includes the services in the Cash Escrow Fee, plus one electronic document download, one loan-tie-in fee and preparation of one additional document.
³The 2 Loan Fee includes the services in the Cash Escrow Fee, plus two electronic document downloads, one loan-tie-in fee, preparation of one additional document and one concurrent junior mortgage escrow fee.
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