Yes, DE is an attorney only state.
I live 40 miles from DE. Many times I've done closings for DE property - IN MARYLAND !!!
The borrowers cross into MD and I meet them at a library about 20 miles from my house. All papers etc are notarized to MD requirements.
I've never heard of a problem with this. The crossover of state lines is set up by the lender. This save somebody (hopefully the borrower) the 350-500 lawyer fee.
For the inconvience, I make sure I get extra $$$ for these closings.
If I had had that call, I'd have explained the situation re: attorney only, told them I'd meet the borrower if they wanted me to (I have 3 locations I can use for closings - I pick the easiest for borrowers to get to), would say that I can meet them at xxx.(20-25 miles from house) and the charge would be $125 if docs were with borrower or overnited to me.
Hope this helps
Art |