Updated almost 4 years ago on . Most recent reply
Commercial loan costs after not closing
This is my first time dealing with a commercial loan for a property that I was going to buy. Due to the appraisal and other factors, I had to terminate the deal.
However, after a week, the bank that I was using is sending me invoices for their lawyers and other costs that they incurred when working on the deal.
I certainly wasn’t anticipating them charging me for every little thing from their end.
Is this normal practice?