Real estate refinance loans are the exchange of one loan for another, usually for better terms and interest rate. Many variables, however, can be negotiated prior to closing and all variables should be examined by an experienced real estate law attorney prior to closing. These variables and terms include:
- The term (or length) of the loan.
- The interest rate.
- The closing costs.
When commercial and residential property loans are refinanced, both the lender and the borrower need to be in compliance with Georgia law. Furthermore, Georgia law requires the involvement of an attorney during refinancing transactions.
The attorneys at Shadrix, Lane & Parmer, P.C. can work to protect your interests in the refinancing of mortgages, construction loans and home equity loans as well as a broad range of other loans. For experienced legal help in the West Georgia area, contact Shadrix, Lane & Parmer, P.C. at 770-830-0809.