Should you have a lawyer or real estate agent at closing on property? -

We have not purchased a house in 15 years. Times have changed. We have already negotiated all the purchase and lending terms. Do you think it s necessary to have someone represent us at the closing?

Depending on where you live. Some states requires an attorney to oversee a closing and others only need title agents. There is no need to have a lawyer present because before the closing your realtor/loan officer should have explained all of the costs to you. I would have your agent there, they get paid at closing so there is no reason they shouldn t be there.

I would have an attorney. Most of the time realitors don t know a damn thing anyway.

It is a must. I would not recommend other wise. For your protection, and the sellers. Split the $300 dollars! Just a though.. Scott Rinehart www.wantthebestrate.com

Without a realtor you trust, you only have yourself to blame if you end up getting screwed.

Your realtor should be there. They get paid at closing so they should be there.

I would have a real estate agent at least. There fees are nomally paid by the seller so it wouldn t cost you anything.

No, it isn t necessary. The title companies today are very competent. I would ask that your loan officer attend, just in case something is amiss with your loan package. Otherwise, good luck and happy closing!

You should be fine as long as you re familiar and aware of all the terms on your contract. Lawyers are employed by the title company to make sure you have clear title. The escrow agent will go over everything with you on your Hud-1. It s never a bad idea to have your own attorney for peace of mind. Just know that they ll need to get paid. Good luck.