Resent-Message-Id: <8707081446.AA23559@bk.sei.cmu.edu>
Date: Tue 7 Jul 87 07:18:31-EDT
From: Dave.Touretzky@C.CS.CMU.EDU
Subject: realty lawyer
To: barbara.zayas@sei.cmu.edu
Message-Id: <12316435073.11.TOURETZKY@C.CS.CMU.EDU>
Resent-To: bovik@spice.cs.cmu.edu
Resent-From: Barbara.Zayas@sei.cmu.edu
Resent-Date: Wednesday, 8 July 1987 10:46:29 EDT

I think it's a good idea to get a realty lawyer involved in your closing
as soon as possible.  Mortgage companies are often unscrupulous.  One thing
they like to do, when interest rates are rising, is delay a closing until the
60 day rate lock has expired.  Then they can approve your application but force
you to accept a higher rate.  They have all kinds of seemingly innocent ways of
causing delays; if you get wise to what they're doing and have your lawyer
contact them, they stop.

I am currently threatening the Kissell Co. with legal action (or rather, my
lawyer is).  I wish now that I had had my lawyer involved with the closing 
before these clowns caused my rate lock to expire.  My lawyer isn't a realty
specialist, though, so I'd recommend you find someone else.

Good luck with your new house!

-- Dave
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