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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Legally receiving finder's fee for bridge loan to owner? Posted by David F on September 16, 2003 at 1:23 PM Ward, I am not a licenced mortgage broker or real estate broker. I am leading several people in foreclosure to mortgage brokers who are successfully closing bridge loans for them (usually hard money junior loans). 1. How can I legally receive a finder's fee for this? 2. How much would you charge for this service? 3. When would you take payment for this fee (before, during, or after escrow closes)? 4. Can I receive such fees and NOT be viewed as a foreclosure consultant by the courts? Follow Ups: Finder's fee... Ward-CA- 10:35 PM, 09/16/03 (2) Re: Finder's fee... David f 9:50 AM, 09/17/03 (1) Finder's fee authority.... Ward-CA- 7:19 PM, 09/17/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : I am not a licenced mortgage broker or real estate broker. I am leading several people in foreclosure to mortgage brokers who are successfully closing bridge loans for them (usually hard money junior loans). : 1. How can I legally receive a finder's fee for this? : 2. How much would you charge for this service? : 3. When would you take payment for this fee (before, during, or after escrow closes)? : 4. Can I receive such fees and NOT be viewed as a foreclosure consultant by the courts? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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