Legal Question in Real Estate Law in California
Is it normal for a real estate lawyer to ask for money up front? What are the odds of getting a loan modification when you go through a litigation lawyer.
Asked on 3/14/13, 3:03 pm
3 Answers from Attorneys
Joel Selik
www.SelikLaw.com
It is UNLAWFUL for Attorneys in California to take upfront fees for loan modification services.
Answered on 3/14/13, 3:38 pm
Roy Hoffman
Law Offices of Roy A. Hoffman
Attorneys and real estate brokers/agents are prohibited by California law from collecting an advanced fee for negotiating or assisting consumers with loan modifications. There is no guarantee a loan modification can be obtained by using a litigation attorney as opposed to any other attorney or real estate professional.
Answered on 3/14/13, 3:40 pm
Anthony Roach
Law Office of Anthony A. Roach
It's illegal and unethical for any type of attorney to ask for money up front for a loan modification.
Answered on 3/22/13, 12:04 pm