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?
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?
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.
Use the Lender’s attorney.
No you don’t.