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happytobreathe
The Lazy Days of Summer
Member since 10/06 1413 total posts
Name:
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RE Lawyer,... paid after review of contract?!?!
Our lawyer reviewed our contract. We have a meeting with him on Tuesday. We were told to bring out checkbook. I failed to remind DH to ask if the amount he gave was for him to come to the closing too. He told us 900,... that means he will come to the closing too right?
It is a short sale so we have to sign and get bank approval before we go to contract.
I am so new to this! Thanks again LADIES!
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Posted 11/21/09 12:32 PM  |
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Prudential Douglas Elliman Real Estate
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jen919ifer
LIF Adolescent
Member since 7/08 803 total posts
Name:
Jennifer
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Re: RE Lawyer,... paid after review of contract?!?!
We paid our lawyer half when we met with his and then the other half at closing, so he should def be going to the closing
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| Posted 11/21/09 12:45 PM |
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HotAir
LIF Toddler
Member since 8/09 391 total posts
Name:
Lisa
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Re: RE Lawyer,... paid after review of contract?!?!
When we signed the contract we put down $5,000 towards the down payment. that might be what he meant. We aren't paying our attorny until we close.
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| Posted 11/21/09 2:44 PM |
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HotAir
LIF Toddler
Member since 8/09 391 total posts
Name:
Lisa
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Re: RE Lawyer,... paid after review of contract?!?!
OH, and yes, he will be at the closing, ordering your termite inspection, title, survey, etc. The check is most likely the check that you write to the other attorney (the sellers attorney) as part of your downpayment.
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| Posted 11/21/09 2:45 PM |
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happytobreathe
The Lazy Days of Summer
Member since 10/06 1413 total posts
Name:
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Re: RE Lawyer,... paid after review of contract?!?!
I emailed him to see if we needed to bring the down payment costs or his fee.
I need to transfer the funds so I need to know.
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| Posted 11/21/09 4:38 PM |
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alli3131
Peanut is here!!!!!!
Member since 5/09 18388 total posts
Name:
Allison
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Re: RE Lawyer,... paid after review of contract?!?!
you will probably need both the down payment and at least a portion of the fee.
We paid our atty 1/2 at signing and we also gave him the deposit check because that goes with the contract over to the sellers atty
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| Posted 11/21/09 4:50 PM |
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Re: RE Lawyer,... paid after review of contract?!?!
We paid our lawyer 1/2 up front and the rest at closing. She was at the closing also. HTH.
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| Posted 11/22/09 2:51 PM |
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CAMCaps
Live Laugh Love Run
Member since 6/07 4922 total posts
Name:
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Re: RE Lawyer,... paid after review of contract?!?!
We paid the entire fee at closing.
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| Posted 11/22/09 3:20 PM |
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JandJ1224
Member since 6/06 5911 total posts
Name:
Jannette
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Re: RE Lawyer,... paid after review of contract?!?!
You will need to write a check for your downpayment amount and depending on your attry may need to pay 1/2 his fee now. The $900 sounds like his total fee for everything from contracts to closing
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| Posted 11/22/09 3:30 PM |
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