Connecticut Nesties
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
No lawyer for closing?
Seems like all the family wants to give us their input on the purchase of this house.
Anyways, my Mom says we don't need a lawyer for closing the sellers attorney should do it all?
True or False?
DS 3/10/08
Mc 6/10, 9/10, 2/11
Ivf #1 3/2/12- BFP
Re: No lawyer for closing?
FALSE FALSE FALSE!!!!!!!!!!!!!!!!!!!!
DO NOT buy a house without an atty, your OWN atty, and please please please find a real estate atty. There are SO many things that can go wrong and end up really hurting you, either now or years from now when/if you go to sell. It is the best money you will spend as far as closing costs go. Ask your realtor or mortgage person for recs if you can't get one from family or friends.
(the same goes for a home inspector...don't use anyone suggested by the seller or their realtor)
This would be suicide.
I would never buy a house without a lawyer. You have no idea how many documents you will be signing. Your lawyer will look them over first. And seriously, my eyes were going blind and by the end I had no idea what I was signing.
If you use the sellers attorney, you could unwittingly sign something you didn't mean to and give something important away...like your firstborn child.
When you go to your closing you are going to be really surprised at the amount of paperwork and I think you will be happy that you have your lawyer there.
On the same note, I would also pay for title insurance. It is good for the life of your loan (or for however long you live in the house...I can't remember which) and offers protection.
Use your own attorney, get title insurance. That is my advice. Good Luck and have fun! There is nothing like receiving your keys at the end of the closing!