Legal Question in Real Estate Law in North Carolina

Extra Costs Popping up Just Before Closing
my attorney (3 days before closing) tell me that because I stated a gross amount on my 401(k) and am only 70% vested, I need to cut him a cashier's check for the amount of the difference to have the closing go thru. He tell me he will immediately after the closing issue me a check for that amount. Is this right? I feel like I'm about to lose some money...especially since the cashier's check will be made out to him. Please help me.

Asked on 2/09/04, 9:31 am

1 Answer from Attorneys

Jim Griffin The Law Office of James L. Griffin

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Re: Extra Costs Popping up Just Before Closing

Based on the little information you included as to the purpose of the check to the attorney, I can only say BE Careful! Never heard of this. I would make sure he fully explains to you the purpose and get it in writing!

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Either way, I wish you good luck.

Answered on 2/10/04, 3:10 pm

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