Previous Thread
Next Thread
Print Thread
Rate Thread
Page 1 of 3 1 2 3
Lawyer up?
#286990 01/15/10 04:39 PM
Joined: Sep 2004
Posts: 11,451
shareholder in the making
OP Offline
shareholder in the making
Joined: Sep 2004
Posts: 11,451
Quick question for any knowledgeable populace:

Do you think an attorney is needed for a refinance closing? The bank provides one (that we pay for), but I'm unsure of who they truly represent(?).

We were planning on refinancing about 9 months ago, but Bank of America was amazing incompetent and frustrating and slow to deal with. We switched banks and can close next week. It seems that others who have been down this road have NOT used an attorney, but I'm not sure if it's a "better safe than sorry" deal.

Thoughts? Pretty Please? \:\)


::::::: No disrespect to Axiom, but my favorite woofer is my yellow lab :::::::
Re: Lawyer up?
MarkSJohnson #286992 01/15/10 04:45 PM
Joined: Jun 2003
Posts: 8,488
T
axiomite
Offline
axiomite
T
Joined: Jun 2003
Posts: 8,488


bibere usque ad hilaritatem
Re: Lawyer up?
tomtuttle #286993 01/15/10 04:50 PM
Joined: Sep 2004
Posts: 11,451
shareholder in the making
OP Offline
shareholder in the making
Joined: Sep 2004
Posts: 11,451
Ooooooohhhhh - Kayyyyyyyyyy..... ?


::::::: No disrespect to Axiom, but my favorite woofer is my yellow lab :::::::
Re: Lawyer up?
MarkSJohnson #286997 01/15/10 05:00 PM
Joined: Jun 2003
Posts: 6,832
W
Wid Offline
axiomite
Offline
axiomite
W
Joined: Jun 2003
Posts: 6,832

I did a refinance once years ago and didn't use an attorney. Can't really say if one could have made a difference or not.


Rick


"A fear of weapons is a sign of retarded sexual and emotional maturity." Sigmund Freud

Re: Lawyer up?
Wid #287001 01/15/10 05:44 PM
Joined: Oct 2006
Posts: 6,955
axiomite
Offline
axiomite
Joined: Oct 2006
Posts: 6,955
The American banking system is very different from ours so I'm going to go with a firm, dunno.

However, if forced to vote on it, I'm going with the deep fried bacon.

Was this helpful?


With great power comes Awesome irresponsibility.
Re: Lawyer up?
Wid #287004 01/15/10 05:47 PM
Joined: Feb 2005
Posts: 5,210
axiomite
Offline
axiomite
Joined: Feb 2005
Posts: 5,210
Mark we refinanced several years ago, didn't use an attorney and never ran into any unforeseen problems either short or long term.


Rick
Our Room

smile
Re: Lawyer up?
tomtuttle #287005 01/15/10 05:48 PM
Joined: Feb 2005
Posts: 5,210
axiomite
Offline
axiomite
Joined: Feb 2005
Posts: 5,210
 Originally Posted By: tomtuttle


"Cardiologists everywhere must be celebrating yet another deep-fried culinary creation that will fill their waiting rooms."

\:D


Rick
Our Room

smile
Re: Lawyer up?
RickF #287009 01/15/10 05:52 PM
Joined: Jun 2003
Posts: 8,488
T
axiomite
Offline
axiomite
T
Joined: Jun 2003
Posts: 8,488
How can you expect me to think about real estate lawyers on a Friday when I just became aware of gourmet Happy Hour bacon? Priorities, man!

PM Zimm or JohnK. Maybe they'd be "helpful".

Good luck with the ReFi, Mark.


bibere usque ad hilaritatem
Re: Lawyer up?
tomtuttle #287010 01/15/10 05:54 PM
Joined: Jul 2004
Posts: 1,443
connoisseur
Offline
connoisseur
Joined: Jul 2004
Posts: 1,443
Ditto on no lawyer...we did a refi several years ago....no attorney. All the people who flip houses (before that came to a crashing halt) did their own refi's as well.


"A fanatic is someone who can't change his mind and won't change the subject" Churchill
Re: Lawyer up?
Argon #287011 01/15/10 05:56 PM
Joined: Jan 2004
Posts: 13,693
Likes: 1
shareholder in the making
Offline
shareholder in the making
Joined: Jan 2004
Posts: 13,693
Likes: 1
We just refinanced through our credit union, and they did have an attorney do the paper work signing, etc...


M80s VP180 4xM22ow 4xM3ic EP600 2xEP350
AnthemAVM60 Outlaw7700 EmoA500 Epson5040UB SonyUBPX800


Page 1 of 3 1 2 3

Moderated by  alan, Amie, Andrew, axiomadmin, Brent, Debbie, Ian, Jc 

Link Copied to Clipboard

Need Help Graphic

Forum Statistics
Forums16
Topics24,426
Posts432,879
Members15,427
Most Online2,082
Jan 22nd, 2020
Top Posters
Ken.C 18,044
pmbuko 16,437
SirQuack 13,693
CV 11,825
MarkSJohnson 11,451
Who's Online Now
2 members (Ian, Jumbo), 113 guests, and 3 robots.
Key: Admin, Global Mod, Mod
Newsletter Signup
Powered by UBB.threads™ PHP Forum Software 7.7.4