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might be a silly q, about re-financing
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JDubs
different, not less
Member since 7/09 13160 total posts
Name:
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might be a silly q, about re-financing
i just had a question about refinancing... do you need to hire a lawyer again even if you are going through your same bank?
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Posted 2/10/12 12:55 PM  |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: might be a silly q, about re-financing
No, you don't. It's a purely monetary transaction, not a real estate transaction, so you don't need an attorney.
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| Posted 2/10/12 1:32 PM |
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JDubs
different, not less
Member since 7/09 13160 total posts
Name:
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Re: might be a silly q, about re-financing
Posted by GoldenRod
No, you don't. It's a purely monetary transaction, not a real estate transaction, so you don't need an attorney.
ok i was just confused because when i called the bank up to inquire about refinancing she said she added on about 5-6k in closing costs when quoting me which includes title and attorney fees...
Message edited 2/10/2012 4:44:47 PM.
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| Posted 2/10/12 4:44 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: might be a silly q, about re-financing
I spoke with a bank recently about re-fi, and asked this explicitly, and they said you definitely don't need one. There are lots of fees for title search, appraisals, etc, etc.
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| Posted 2/11/12 12:01 PM |
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shadows
LIF Adult
Member since 1/10 4694 total posts
Name:
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Re: might be a silly q, about re-financing
don't need one... i just refi'd and we did not use a lawyer.
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| Posted 2/11/12 12:28 PM |
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JDubs
different, not less
Member since 7/09 13160 total posts
Name:
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Re: might be a silly q, about re-financing
ok great, thanks!
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| Posted 2/12/12 8:51 AM |
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