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At closing who do you HAVE to tip??

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Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

At closing who do you HAVE to tip??

I know about the title person - What shall we tip him?

Anyone else? Please state who and the least amount possible!

TIAChat Icon

Posted 8/9/07 3:45 PM
 
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Tine73

Member since 3/06

22093 total posts

Name:
*********

Re: At closing who do you HAVE to tip??

We only tipped the title guy - $100.

Posted 8/9/07 3:46 PM
 

~Colleen~
my loves...

Member since 5/05

9129 total posts

Name:
guess

Re: At closing who do you HAVE to tip??

You don't HAVE to tip anyone...though you're typically strong-armed into tipping the Title Guy. For us, it was "suggested" we give $100.

Posted 8/9/07 3:49 PM
 

LuckySV
LIF Adult

Member since 10/05

4675 total posts

Name:

Re: At closing who do you HAVE to tip??

We didn't tip anyone. It was never even suggested to us that we should tip anyone.

Posted 8/9/07 3:50 PM
 

melbalalala
Little Lady

Member since 5/07

5015 total posts

Name:
Melissa

Re: At closing who do you HAVE to tip??

Tipping at closing?!?! Chat Icon Chat Icon Chat Icon That seems so wrong for some reason. Its a professional person in an office, doing their job. What entitles them to a tip?? (maybe our closings here in Maryland are different than in NY?)

Posted 8/9/07 3:52 PM
 

Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

Re: At closing who do you HAVE to tip??

If we don't tip the title guy is he going to come after us?Chat Icon

Posted 8/9/07 3:55 PM
 

ali120206
2 Boys

Member since 7/06

17795 total posts

Name:

Re: At closing who do you HAVE to tip??

We didn't "tip" anyone.

We wrote a check out to the title person for $100 as per our lawyers instructions. I thought it was a "fee" as opposed to a tip.

Posted 8/9/07 3:57 PM
 

MrsPowers
So blessed!

Member since 11/06

10348 total posts

Name:
Ivelysse

Re: At closing who do you HAVE to tip??

Posted by ali120206

We didn't "tip" anyone.

We wrote a check out to the title person for $100 as per our lawyers instructions. I thought it was a "fee" as opposed to a tip.



Same here.

I am pretty sure it is a fee not a tip. It's not exactly a tipping industry.

Posted 8/9/07 3:58 PM
 

Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

Re: At closing who do you HAVE to tip??

Would $50 be ok?

Posted 8/9/07 4:04 PM
 

kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: At closing who do you HAVE to tip??

Posted by MrsPowers

Posted by ali120206

We didn't "tip" anyone.

We wrote a check out to the title person for $100 as per our lawyers instructions. I thought it was a "fee" as opposed to a tip.



Same here.

I am pretty sure it is a fee not a tip. It's not exactly a tipping industry.



ditto, we're good friends with our title person, and never said anything and we're still friends after the fact.

Posted 8/9/07 4:04 PM
 

JldDolphin

Member since 1/07

6929 total posts

Name:
Jen

Re: At closing who do you HAVE to tip??

we didn't tip anyone. we got gifts from our REA & our Mortgage broker though. That was nice after all the money we just put out. Chat Icon

Posted 8/9/07 4:32 PM
 

Tracey
***********

Member since 5/05

6297 total posts

Name:
Tracey - brideinapril

Re: At closing who do you HAVE to tip??

We didn't tip anyone - we laid out enough money that day - we should have been tipped! Chat Icon

Posted 8/9/07 6:42 PM
 

LIgrlatheart
LIF Adolescent

Member since 7/06

638 total posts

Name:
christi

Re: At closing who do you HAVE to tip??

we didnt' tip anyone.. we didnt have anyone but our agent, our laywer and their lawyer there... no title person
it is nj though not ny

Posted 8/9/07 6:57 PM
 

TJLealand3
LIF Adolescent

Member since 6/07

839 total posts

Name:
Thomas

Re: At closing who do you HAVE to tip??

In NY you will "tip" the title person, usually $100.00

Posted 8/9/07 7:10 PM
 

itkocak

Member since 7/07

7639 total posts

Name:

Re: At closing who do you HAVE to tip??

Message edited 11/10/2011 5:44:34 PM.

Posted 8/9/07 7:47 PM
 

browneyedgirl
family is all that matters

Member since 6/06

6513 total posts

Name:
browneyes

Re: At closing who do you HAVE to tip??

we didn't tip anyone at closing and it was never suggested

Posted 8/9/07 8:44 PM
 

jodi714
Love my little girl!

Member since 2/06

3621 total posts

Name:
Jodi

Re: At closing who do you HAVE to tip??

We were told by our lawyer to tip the tiltle person $100. It's customary and I don't think they actually get paid much. It's also supposed to ensure that your deed gets filed (or whatever is supposed to happen) in a timely manner. It's probably all BS but I didn't want to take a chance.

Posted 8/9/07 8:45 PM
 

KPsquared

Member since 5/05

4663 total posts

Name:

Re: At closing who do you HAVE to tip??

Posted by browneyedgirl

we didn't tip anyone at closing and it was never suggested



Same with us. I never knew people did tip until reading it on LIF.

Posted 8/9/07 9:58 PM
 

csorisi
My 2 LOVES

Member since 11/05

1984 total posts

Name:
Corinne

Re: At closing who do you HAVE to tip??

As previous posters have said it isn't a tip it is a fee. Title closers do not get paid by the title company unless the title closer owns the title company which is very rare that they will be the title closer. In some instances you may not even know that you gave the title closer an attendance fee as some of them include it in the title bill. It is customary to give them anywhere from $75 to $150. It also depends on if the sellers are giving a fee to the closer because they will do that if there is a mortgage and the title closer will handle paying it off and the title closer will get what is called a pick up fee usually $175 to $200. This came up in another post not too long ago. The title closer would be the only "tip" which I don't like to refer to it as that you would write out.

Posted 8/9/07 10:29 PM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: At closing who do you HAVE to tip??

We didn't tip anyone and it was suggested that we do so...and besides we were shelling out a lot of money that day, they weren't squeezing out anymore! Chat Icon

Posted 8/9/07 10:53 PM
 

LIMOMx2
...

Member since 5/05

24989 total posts

Name:

Re: At closing who do you HAVE to tip??

We didn't tip anyone.

Posted 8/9/07 10:54 PM
 

Gertyrae
Peace out Homies!

Member since 5/05

20046 total posts

Name:
Gerty ®

Re: At closing who do you HAVE to tip??

We didn't tip anyone...I don't see the logic in tipping someone who is just doing their job.

Why wouldn't you tip the mortgage broker and lawyers while you were at itChat Icon

Posted 8/10/07 8:25 AM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: At closing who do you HAVE to tip??

Posted by csorisi

As previous posters have said it isn't a tip it is a fee. Title closers do not get paid by the title company unless the title closer owns the title company which is very rare that they will be the title closer. In some instances you may not even know that you gave the title closer an attendance fee as some of them include it in the title bill. It is customary to give them anywhere from $75 to $150. It also depends on if the sellers are giving a fee to the closer because they will do that if there is a mortgage and the title closer will handle paying it off and the title closer will get what is called a pick up fee usually $175 to $200. This came up in another post not too long ago. The title closer would be the only "tip" which I don't like to refer to it as that you would write out.



I'm agreeing again.Chat Icon

Posted 8/10/07 9:02 AM
 

kdanik
LIF Infant

Member since 7/07

148 total posts

Name:

Re: At closing who do you HAVE to tip??

You should DEFINATELY tip the title person....usually between $100-$125 if you are the Purchaser. They are in charge of confirming that before you hand in ALL of your money to your Sellers...and you are in fact getting "clear" title...so you dont have issues in the future. They get paid crap by the title companies and most of their income in based on "tips". They are at closing anywhere between 2-3 hours...and most title companies pay $35-45 per closing. Other than the title person...you don't have to "tip" anyone else. Everyone else is getting paid for their services.

Posted 8/10/07 9:38 AM
 

kdanik
LIF Infant

Member since 7/07

148 total posts

Name:

Re: At closing who do you HAVE to tip??

Posted by Gertyrae

We didn't tip anyone...I don't see the logic in tipping someone who is just doing their job.

Why wouldn't you tip the mortgage broker and lawyers while you were at itChat Icon





You don't tip the mortgage broker or the attorney...because you are already paying them whatever their fees are at closing.

Posted 8/10/07 9:41 AM
 
Pages: [1] 2
 

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