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January 13, 2009
do i need a lawyer to refinance?
title about says it all. I am locked in to refinance and wondering if I need a lawyer to be there. If so, anyone have a recommenation of a cheap one?
Comments
No you don't.
Posted by: diego at January 13, 2009 1:31 PM
Use the Lender's attorney.
Posted by: karo25 at January 13, 2009 2:25 PM
Are you doing a consolidation and assignment of your old mortgage to a new bank, or are you refinancing with the same bank as your original mortgage? If you're doing a CIMA, then you may want to use a lawyer to make sure nothing gets messed up. The lender's attorney can do a CIMA, but I don't know that I'd feel 100% confident with it. Lawyers generally charge less for a refinance than for a sale. A lot of people in the Slope use Bob Dubno, he'd be fine for a refinance and his rates (from what I recall 10 years back) are pretty reasonable.
Posted by: petunia at January 14, 2009 11:28 AM
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