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Those of you who refinanced.....
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Those of you who refinanced.....
Did you hire a lawyer to come with you to closing?
We got a great rate for a refinance with HSBC and we are moving forward. We had a lawyer at the first closing - not sure if we should have one again.
Looking for some advice.
TIA!
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Posted 9/29/11 9:38 AM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
MrsO
Big Brothers to Be
Member since 1/07 4521 total posts
Name:
Maureen
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Re: Those of you who refinanced.....
No lawyer necessary
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| Posted 9/29/11 9:49 AM |
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LittleDiva
LIF Adult
Member since 9/11 1284 total posts
Name:
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Re: Those of you who refinanced.....
nope. no lawyer
ETA: actually, our closing was at a lawyers office...hmm, i think we had a lawyer lol im no help!
Message edited 9/29/2011 10:14:50 AM.
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| Posted 9/29/11 10:13 AM |
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Re: Those of you who refinanced.....
No - you don't need one. The title company handles all of the paperwork for a refinance.
You get an attorney when you are doing a purchase mortgage because they prepare the contract, run title, etc. But you actually don't even NEED an attorney then; in most other states, realtors prepare the contracts and attorneys don't get involved. In NY, it's just customary to use an attorney to handle a closing for a real estate purchase. (But not for a refinance - you already own the property, you are just getting a new loan.)
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| Posted 9/29/11 10:18 AM |
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SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
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Re: Those of you who refinanced.....
No, we didn't have a traditional closing, they just sent us the closing paperwork at home, we got it notarized and sent it back.
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| Posted 9/29/11 5:12 PM |
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