Trustee Fee & Foreclosure Cost Calculator Information
Foreclosure Cost Calculator: Definitions and Fees
Trustee's Fees - Set by statute; equal to 1% of the unpaid principal balance of the loan
Trustee Sale Guarantee (TSG) - Cost is based on the original loan amount
Two Owner Report - Flat Fee
Two Owner Report (Residential Property) - Flat Fee + document copy costs
Two Owner Report (Commercial Property) - Cost varies per county
Recordings - Cost is dependent on the number of documents recorded and which county it is recorded in. ***In Nevada If the property reverts at the sale, transfer tax must be paid by the lender - amount per dollar varies per county.
Mailings - Cost is dependent on the number of mailings we are required to send
Posting NOS - This is a flat fee charged by our vendor to post the Notice of Sale on the property as required by law
Publication - This cost can start at $150 and go up to $3,000 or more depending on which newspaper we are required to publish the Notice of Sale in
Field Services - This is a estimate of the costs of posting, filing and auctioneer fees.
File Setup Fee - This is the cost to open and maintain a file with our foreclosure software.
Serving NOS - This is a flat fee charged by our vendor to serve the Notice of Sale on the property as required by law
Additional Fees You May Incur
Additional Fees – You may incur the fees listed below in addition to those estimated above. However, these fees are on a case to case basis and may not be applicable to all files.
| Administrative Filing Fee (only applicable to files < $200k)* | $150.00 |
| In NV Administrative Filing Fee (only applicable to files < $200k)* | $200.00 |
| Incoming Wire Fee | $15.00 |
| Outgoing Wire Fee | $25.00 |
| Cancellation Fee (before NOD records/after paperwork filed) | $150.00 |
| Computer Fee (for using title company of client’s choice) | $40.00 |
| Postponement of Sale |
$50-$295 per postponement
|
| Postage for Postponement Notices | $13.30+ per mailing |
| Registration of Foreclosed Property |
$100 + Variable Registration Fee
|
| Monthly Inspection of Foreclosed Property | $100 per inspection |
| Additional Parcel Fee (more than 2 parcels) | $250 for each add'l parcel/property above two |
*This fee is not recoverable from the borrower or any sale proceeds
