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From: che@ptsfb.UUCP (Mitch Che )
Newsgroups: net.consumers
Subject: Re: Need advice on bidding on a house
Message-ID: <242@ptsfb.UUCP>
Date: Sun, 13-Oct-85 14:58:28 EDT
Article-I.D.: ptsfb.242
Posted: Sun Oct 13 14:58:28 1985
Date-Received: Tue, 15-Oct-85 05:10:15 EDT
References: <713@whuxl.UUCP> <84800002@haddock.UUCP>
Reply-To: che@ptsfb.UUCP (Mitch Che - 4e750w)
Organization: Pacific Bell, San Francisco
Lines: 31
Summary: Have a lawyer represent you

In article <84800002@haddock.UUCP> deb@haddock.UUCP writes:
>
>>HAVE A LAWYER REPRESENT YOU AT THE CLOSING...
>>
>There are some situations which do not warrent paying for a lawyer for
>the closing.  I've bought 2 houses without paying for this service. If
>you come up to this situation you'll know it. The originator of this 
>base note might want a laywer present since having a lawyer present
>has a has a calming effect when one signs so many forms. But on this
>aspect as well as any others in buying a house one should not take any-
>thing for granted.
>
99.999% of the time, you'd better go with a lawyer.  Anyone who would
like to hear horror stories about someone "saving" some money or just
thinking "Oh, we really don't need a lawyer to buy this house" should
listen to Bruce Williams show on radio (Check your local radio listing
for "TALKNET", in SF KNBR at 10PM).  We're not talking "calming effect"
here, we're talking many otherwise intelligent people getting screwed,
and losing a lot of money and time because they decided to skip having
a lawyer represent them at closing.  If you're saying you would
skip having a lawyer at closing to save a couple of hundred dollars
on a $100,000 to $200,000 purchase... well, remember the joke about
performing your own appendectomy.  It's a bad idea, but boy is it cheap.

-- 
Mitch Che
Pacific Bell
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