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When signing a contract, did you read every word on the contract?

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Househunter2010
LIF Zygote

Member since 5/10

35 total posts

Name:

When signing a contract, did you read every word on the contract?

Or did you let your lawyer guide you and just take his or her word for it and review it with them, but not read every word before signing?

Posted 10/20/10 10:00 AM
 
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ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: When signing a contract, did you read every word on the contract?

Posted by Househunter2010

Or did you let your lawyer guide you and just take his or her word for it and review it with them, but not read every word before signing?




I personally read everything. Mainly because I like to know myself if the lawyer is full of it. Chat Icon

Posted 10/20/10 10:02 AM
 

Andrewz00
Look! I changed it!

Member since 4/10

1789 total posts

Name:
Andrew

Re: When signing a contract, did you read every word on the contract?

i read every single word on ours.... but thats because i trust no one, never.... after speaking to the lawyer, he told the truth and everything was A-OK...


i highly doubt everyone reads the entire thing....

Posted 10/20/10 10:05 AM
 

MrsSchwags
Soccer Baseball Lax Mom

Member since 10/05

11240 total posts

Name:
Jennifer

Re: When signing a contract, did you read every word on the contract?

We let the lawyer read it....that's why we were paying them!

Posted 10/20/10 10:06 AM
 

Ma-n-Pa2008
Mommy's Big Boy

Member since 3/09

2584 total posts

Name:
Melissa

Re: When signing a contract, did you read every word on the contract?

our lawyer went through everything with us

Posted 10/20/10 10:22 AM
 

PumpkinGirl
:o)

Member since 10/08

1838 total posts

Name:

Re: When signing a contract, did you read every word on the contract?

Posted by MrsSchwags

We let the lawyer read it....that's why we were paying them!



same!

We trusted our lawyer (a family friend) and he went over the most important parts to make sure we understood and were okay with the terms.

Posted 10/20/10 10:34 AM
 

pickles16
Real Estate Professional

Member since 11/07

17227 total posts

Name:
Jen

Re: When signing a contract, did you read every word on the contract?

Posted by Ma-n-Pa2008

our lawyer went through everything with us



same we sat there and went through every paragraph with her

Posted 10/20/10 11:30 AM
 

Eireann
Two ladies and a gentleman!

Member since 5/05

12165 total posts

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Re: When signing a contract, did you read every word on the contract?

I took my lawyer's word for it...he's my DH! Chat Icon

Otherwise, if I were buying a house alone, I'd probably let my lawyer break it all down for me. Who knows what the hell those things are saying. Chat Icon

Posted 10/20/10 11:32 AM
 

maybesoon
LIF Adult

Member since 9/09

5981 total posts

Name:

Re: When signing a contract, did you read every word on the contract?

we read nothing! our lawyer is friend of ours

Posted 10/20/10 12:59 PM
 

Nifheim
allo

Member since 1/09

5476 total posts

Name:
Jennifer

Re: When signing a contract, did you read every word on the contract?

sign here, sign here, sign here you own a house. No reading.

Posted 10/20/10 1:19 PM
 

IrishLasss334
I'll be there soon!

Member since 1/08

6549 total posts

Name:
Patty

Re: When signing a contract, did you read every word on the contract?

No, but my BIL was my attorney and I trust him.

Posted 10/20/10 1:21 PM
 

JennZ
MY LIFE!!

Member since 8/05

25463 total posts

Name:

Re: When signing a contract, did you read every word on the contract?

I paid my lawyer to read it and tell me what was going on.

Posted 10/20/10 1:25 PM
 

CupcakeLady
LIF Toddler

Member since 10/10

423 total posts

Name:

Re: When signing a contract, did you read every word on the contract?

Our lawyer took us through each paragraph and summarized what it said. She then gave us a few minutes to ready over and see if we wanted clarification of anything.

Posted 10/20/10 1:32 PM
 

METLove2008
LIF Adolescent

Member since 5/08

541 total posts

Name:
Ellie

Re: When signing a contract, did you read every word on the contract?

Posted by Ma-n-Pa2008

our lawyer went through everything with us



same here

Posted 10/20/10 1:33 PM
 

curiousgeorge
LIF Adolescent

Member since 10/10

867 total posts

Name:
MAMA

Re: When signing a contract, did you read every word on the contract?

Oh GOD NO! That is what our lawyer was for. Plus I signed two days after giving birth, so I was barely there anyway, I even signed the wrong initialsChat Icon

Posted 10/20/10 1:50 PM
 

Cheeks24
Living a dream

Member since 1/08

8589 total posts

Name:
Cheeks

Re: When signing a contract, did you read every word on the contract?

Posted by Ma-n-Pa2008

our lawyer went through everything with us



Exactly. There is terminology on there that I don't understand. He's a family friend and was great to work with. The seller's attorney was a real piece of work so our attorney went though everything with us with a fine tooth comb.

Posted 10/20/10 2:29 PM
 

Xelindrya
Mommy's little YouTube Star!

Member since 8/05

14470 total posts

Name:
Veronica

Re: When signing a contract, did you read every word on the contract?

No lawyers here in Texas.. They aren't invovled in real estate.

But yes... I read every single word. Found myself $500 no less due to an error. Chat Icon

ETA: What I didn't get, I made them explain, then if I still didn't get it we went through it again. I was a TOTAL PAIN but they respected that and took their time. Chat Icon Hubby just signed and ignored most of it. haha

Message edited 10/20/2010 2:36:02 PM.

Posted 10/20/10 2:35 PM
 

JDubs
different, not less

Member since 7/09

13160 total posts

Name:

Re: When signing a contract, did you read every word on the contract?

i have to be honest, i was so intimidated and scared s--less i just let the lawyer do all the talking...while i signed...

Posted 10/20/10 4:20 PM
 

Kerie-is-so-very
versatile!

Member since 5/05

13535 total posts

Name:
K

Re: When signing a contract, did you read every word on the contract?

Posted by CupcakeLady

Our lawyer took us through each paragraph and summarized what it said. She then gave us a few minutes to ready over and see if we wanted clarification of anything.



That's what they should be doing. I'm glad to see that so many people trust their lawyers but I believe that when it comes to a contract, you are paying a lawyer to help you interpret it but not to substitute his/her review for yours. What may be a red flag to you, may or may not be to your lawyer and vice versa. When I have clients in to sign documents it is a long appointment (I do not do closings but it's the same idea). I go over things pasge by page and I only take as many cases as I have time to do this for.

Posted 10/20/10 8:43 PM
 

Salason

Member since 6/05

9878 total posts

Name:

Re: When signing a contract, did you read every word on the contract?

OMG I went through it LINE by LINE Chat Icon My copy of the contract was dog-earred and highlighted beyong belief. They kept asking me if I was a lawyer!

ETA: FTR I got a bunch of things changed that I didnt like (but that my lawyer didnt necessarily think were a big deal)...

Message edited 10/21/2010 7:34:43 AM.

Posted 10/20/10 9:19 PM
 

Sabrina910
LIF Zygote

Member since 6/10

6 total posts

Name:

Re: When signing a contract, did you read every word on the contract?

Really just browsed it and let the lawyer explain and then just signed away lol.

Posted 10/20/10 9:51 PM
 

Ian&EmmesMommy23
My family is complete!

Member since 11/08

12970 total posts

Name:
Diana

Re: When signing a contract, did you read every word on the contract?

my lawyer MADE me read everything. but she read it with me word for word explaining each section.

Posted 10/21/10 8:52 AM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: When signing a contract, did you read every word on the contract?

I read every word, so did my husband -- and our lawyer did, too.

I'm a lawyer, though, and I read everything before signing. My husband also won't sign anything without reading and understanding it.

Posted 10/21/10 10:51 AM
 

Megs4
LIF Adult

Member since 11/08

1619 total posts

Name:
Megan

Re: When signing a contract, did you read every word on the contract?

I read it all. But I also trusted no one in my home buying process and then had all sorts of extenuating circumstances so I read it multiple times along the way as well, and then again when it had to be revised.

Posted 10/21/10 11:16 AM
 

MrsRitaB
Love of my life! <3

Member since 4/10

4669 total posts

Name:
Ri

Re: When signing a contract, did you read every word on the contract?

Posted by MrsSchwags

We let the lawyer read it....that's why we were paying them!



same and he went over it with us

Posted 10/21/10 1:35 PM
 
 

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