The short answer is YES, you may send someone in your place to “close” for you. A closing is essentially a “signing” of documents, documents drafted by both the closing attorney and your lender. Therefore, the question of whether you can send someone else in your place is really “can someone sign my documents on…
Possibly. In order to be granted alimony, the Court must determine that you are a “dependent spouse,” that your wife is a “supporting spouse,” and that an award of alimony would be fair under the circumstances. A few of the factors that the Court will consider in making this determination include: your wife’s income, your…
First, go to the Will which may state what your executor’s fee will be. If the Will is silent, North Carolina statutory law provides that you, as the executor, can receive up to 5% of the value of all personal property filed with the probate court as well as 5% of the total disbursements of…
The short answer is “it depends.” An attorney would first need to know a very important answer to the following question: “Do you have a signed Court Order?” If the answer is yes, then you need to follow the specific instructions in the Court Order. The Court’s directives can be difficult to fully understand. So,…
Not normally. A Durable Power of Attorney authorizes your agent (called an “attorney-in-fact”) primarily to conduct financial transactions on your behalf. You should execute a Health Care Power of Attorney so your “health care agent” can make medical decisions for you when you are not able to do so for yourself. While a Durable Power…
You can choose the attorney or law firm that you want to represent you in the purchase of your home! This is a very important decision and if you have an attorney or law firm in mind you need to immediately notify your real estate agent and/or lender of your choice. You need to do…
Private Mortgage Insurance (“PMI”) is the insurance policy that protects your lender in case you, the borrower, default on your loan. If your down payment on a home is less than 20 percent of the appraised value or sale price, your lender will require you to get mortgage insurance. As a borrower, you pay the…
Apartments are cheaper than houses, but paying for both an apartment and a house is the most expensive choice of all! 1. You still owe the mortgage payments (you may be paying for your spouse to live in the house). 2. In addition to paying for the costs at the marital home, you may have…
One of the decisions you will have to make as a home buyer is whether or not you want to pay for a survey to be drawn of the boundary lines of the land you are purchasing. When we are acting as the closing attorneys on a purchase transaction, we strongly suggest to our buyers…
At one time or another, it happens to everyone. You are driving along and all of a sudden you see the flash of red lights behind you. You are being pulled over for a traffic violation. Do you fight it? Show up in court? Or put the check or money order for the fine in…