We represent you
to the extent of ensuring that you acquire good and
marketable title to the property.
However, we can advise you on only legal questions
concerning title to your property, title insurance
and the covenants and conditions of your loan
We represent the
lender to the extent of assuring full compliance
with its loan closing instructions.
In the event of a dispute between
you and the lender, we will not attempt to represent
We do not
represent you with respect to the terms of your loan
agreement with your lender (i.e., your loan amount,
interest rate, conditions for later conversion or
refinancing, necessity or amount of mortgage
Therefore, we ask that you obtain a copy of
your closing instructions from your lender a
sufficient amount of time prior to closing to enable
you to carefully review them and promptly resolve
any disagreements or disputes with the lender
concerning the terms of your loan.
Because of the numerous difficulties which can arise
during the loan processing, we request that you
remain in close contact with your lender and with
Last minute delays in closing can usually be
avoided if you determine in advance what conditions
must be met by you.