Collecting Negotiation Fees on HUD
What is your success rate at collecting Negotiation Fees, Loss Mitigation Fees, Admin Fees, whatever you call it (please include that as well, if you would) are you having with banks these days? I've never charged these fees, but I've only done short sales where I either bought, or walked... until recently. My current program allows for more options, and one of them is simply negotiating the deal and collecting a fee.
Are there banks that are better or worse for allowing fees? What % are you having success getting through?
I have a fee disclosure form that I am going to be faxing with every offer package. Do you have something similar (or an invoice, etc) and has it or has it not helped in getting your fees approved?
Thanks guys!