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Posted by Art_FL on 5/20/19 8:49am
Is this a refi or a reverse mortgage? Is there cash out? Is a party being added to the deed or is he transferring the property? Who will be there? Is it possible that other family members may object, either now or later?
This will probably take much longer than a normal meeting.
Has he had legal advice? Has this been set up by a family member with an adverse interest, either to him or to other future beneficiaries?
I don't expect that you know the answers to these issues, or to many other potential issues.
Personally, I would pass on this. Of course it may be a perfectly "clean" deal, but if it isn't, you could end up becoming involved in future litigation as a witness, or as a defendant. No fee is worth that. |
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