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Can My Agent be the Closing Lawyer To?

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Forums » Consumers - Questions, Answers, Help » Real Estate » Can My Agent be the Closing Lawyer To?
 

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Latest post Sun, Nov 8 2009 8:49 PM by Bryan Bledsoe. 1 replies. Viewed 180 times.
Page 1 of 1 (2 items)

  • Wed, Nov 4 2009 6:49 PM                

    • Anonymous

    can my agent[im buyer] be the closing lawyer too

  • Sun, Nov 8 2009 8:49 PM                 In reply to

    |Contact

    Many years ago (35+) it was common practice in our area for the real estate broker to close the transaction.  I haven't seen that done in as many years.  So unless your agent is an attorney I doubt it.  If the lender allowed it they would probably require a sub escrow be established (additional cost).  Money would be paid into a title company and they would pay out the funds. 

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     Bryan Bledsoe Direct Line 509-922-8699 bryan@bledsoehomeloans.com www.bledsoehomeloans.com Allied Home Mortgage Capital Corporoation, 1225 N Argonne, Ste C, Spokane Valley, WA 99212 Doing business in Washington and Idaho Loan officer NMLS 12483 - Branch Office NMLS 49957
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