Tuesday, October 30, 2012

Can you close your home anywhere? TX VS IL this time


Hi Tonie, I have a remote closing question for you. The customer's are buying a home in Illinois and selling their home in Plano. Customer's wants to close both loans in Texas. I am getting push-back from real estate attorney in Ill. He states that "The transaction will need to take place in Illinois. We are an attorney state where both attorneys need to be present at closing."

Does that sound right to you?

My short reply:

Nope not correct -- both homes can be closed here in Texas since IL is NOT Attorney State... Keep the questions coming

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