Quote:
Originally Posted by DAVES
My view. First of all I do not like attorneys having had several bad experiences with them.
For many buyers, buying a home is the most expensive deal you have ever been involved in. You are negotiating way out of your league. There you sit at closing. You and or your wife are already picturing yourselves in that home. Seems to be normal practice on a resale. The contract has been negotiated and you sit down to sign and one party then wants to change the deal. You need someone,
usually a paid for attorney who has not vested interest and is on your side. Some have mentioned they used the title company.
My view, they are not on your side, they are on the side of the title company AND PERHAPS MORE INTERESTED IT GETTING IT DONE SO THEY CAN GET OUT OF THERE.
My experience the buyer of our previous home. Truth I liked them.
Sadly I stupidly misjudged them to be honorable people. They said they wanted my office furniture, a clock industrial shelves down the basement, my work table. I STUPIDLY GAVE IT ALL TO THEM CHARGED THEM NOTHING. Could have, sold it all for about 1,000.
Closing my attorney allowed the closing to be not at her office which I believe, is customary to be at the sellers attorneys office. The same broker had sold the buyers home and ours to them. Not sure if that is either legal or ethical. Commissions on both sales. The broker was not at the closing-seems to me they should have been.
We arrived as scheduled. Everyone else was already there including
MY? attorney. She clearly let the far more powerful buyers attorney
run all over her. She didn't care just a pencil pusher. She GAVE AWAY LIKE 2,000 OF MY MONEY WITH OUT ASKING. In a room with all these attys, title companies AND MY WIFE CRYING AND SAYING IN FRONT OF ALL-JUST GIVE IT TO THEM. I had to grab their attention. I surely shocked the whole room. I said loud and clear I AM NOT DOING THIS. The buyers attorney suggested I step out with my attorney. ON EXITING THE DOOR SO ALL COULD HEAR
I SAID AGAIN-I AM NOT DOING THIS.
In any negotiation, someone needs to be in CONTROL. I was outnumbered my wife had already said aloud give it to them.
I do not much care what they thought of me. I SEIZED CONTROL.
AND IT SHOCKED THEIR ATTY AND MINE.
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I feel what you described with my mind and soul. Sometimes you have to just shock the hell outta them without slapping them.
I listened to a whole host of people on TOTV'S before we moved here and didn't use a lawyer for our first closing. That will never happen again, ever. I want to be represented. I am like-minded and would never ever just hand over anything just because someone said so. In N.J. you had to put on a suit of armor for many closings because when the house is cleaned out and your belongings are in a moving truck and your family is waiting in the parking lot for the next closing for their new home. the buyer thinks they have you over a barrel. B.S. I've threatened to unpack the truck and take the house off the market and you have to see the look on the other people's faces. All of a sudden the issues that were not going your way seem to magically turn around. The last guy owed me either $3000 or $5000 for furniture he bought from me in a separate side deal. He claimed he forgot his checkbook. I killed the closing. He promised he would pay me on a Monday and it was a Friday closing. I killed the deal again. Cash started flying outta realtors and the buyer's pockets and my lawyer
made it all happen. Love being represented. Will never close again without one. To save $500. NOT. I give heart attacks, I don't have them. Business only.