Fees?

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  • #47915
    Survivor
    Member

    When I was at the workshop, the speaker talked about home fees and such for when you have a home. But nothing about fees prior.

    I can not find anything in the book about it unless I missed it.

    Are there any?

    #47932
    southflorida
    Member

    I don’t understand your question

    #47935
    Survivor
    Member

    Well, when I started to fill in questions on the website, it asked for bank info for monthly fees. It did not state how much, nor anything in the workshop about fees except for HOAs and such when you own a home.
    I am trying to figure why it is asking me for such info now and if there are surprise fees I am unaware of.

    #47939
    southflorida
    Member

    those should be for the NACA fees which are a one time fee that I don’t remember how much it is but I think it’s not more than $15. Besides from that they just charge you whenever they have to run your credit which is about $13. No additional fees from NACA charged to you after you buy your house

    #47942

    There is not a monthly fee. There is only fees for the credit report and the one time membership fee UNLESS you do not purchase your house before the end of the year. If you do not purchase your house by the end of the year you have to pay fees again next year.

    #48007
    TTrumble
    Member

    Hello All,

    The only fees of any sort charged by NACA are yoru annual membership dues of $25.00 and the credit report fee which is $13 (and a few cents). As Newlywed Homebuyers noted it is a “one time membership fee UNLESS you do not purchase your house (close) before the end of the year. If you do not purchase your house by the end of the year you have to pay fees (membership dues) again next year.” The credit report is considered valid for 90 days, after which, it must be pulled again, and the fee (which only reimburses us for what we are charged) must be paid again.

    Tim Trumble
    Online Operations, NACA
    @naca.com">ttrumble@naca.com

    #48008
    TTrumble
    Member

    Hello All,

    The only fees of any sort charged by NACA are yoru annual membership dues of $25.00 and the credit report fee which is $13 (and a few cents). As Newlywed Homebuyers noted it is a “one time membership fee UNLESS you do not purchase your house (close) before the end of the year. If you do not purchase your house by the end of the year you have to pay fees (membership dues) again next year.” The credit report is considered valid for 90 days, after which, it must be pulled again, and the fee (which only reimburses us for what we are charged) must be paid again.

    Tim Trumble
    Online Operations, NACA
    @naca.com">ttrumble@naca.com

    #48015
    Survivor
    Member

    So I need to factor in my budget a credit report fee every three months.
    I tried reading their agreement (https://www.nacalynx.com/naca/utilities/pdfviewer/web/pdfViewer.aspx?pdffile=/naca/member/memberViewAcknowledgement.aspx?txtMode=membership&txtModeX=E39B84B2FBE65A768EF7902852621F73AAB0A4E5&txtDoc=Member_Agreement_20180716.pdf&keyID=2148401&keyIDX=2ACF19A265BDBE834D16B2C794E8C6FA5D0C21BF) but I got lost after page 2. I do not have the attention span to,… squirrel!
    Is a lot to understand before agreeing to it, but I really only made it to part 2 before I have to start rereading it.

    #48173
    mysfamu
    Member

    No, you credit is pulled initially to develop a plan. When you are ready to be qualified it is pulled again to verify you have not opened anything or have other oddities on your file that need to be addressed. If home hunting takes more than 90 days then it may be pulled again. It is not pulled in 90 day increments unless needed.

    I hope this is clearer for you, it’s a lot of information to digest. But I’m pulling for you!!

    #65014
    Homeowner2020
    Participant

    I just paid my fees in December. Is it due again now for 2020 or not due again until December 2020?

    #65016
    Nelsont
    Member

    The fees are not based on your entry into the system they are based on a fiscal year.

    In December you paid your membership dues for the 2019 calendar year. 2020 calendar year fees are now due. They are actually due every January. If you first join naca in any other month you will pay the dues then and again the following January and every January after that.

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