In the United States we have laws and regulatory agencies that govern everything we do from censoring what we watch on TV to using a gas-powered blower in our own backyards.
However, when it comes to escrow fees, we're on our own.
I recently sold a second home of mine. And although this was my sixth escrow experience, I still get sick to my stomach having to deal with the fictitious garbage fees that seem to pop up every time.
From processing fees, reconveyance fees, recording fees, filing fees and "too bad for you" fees, we are forced to either pay or face costly delays that may potentially spoil the deal.
I know they are supposed to show you an estimated cost sheet upfront. However, the real good garbage fees don't come up until the last day, when your signatures are needed and you have no choice but to sign.
