If the lawyer is representing the lender, he or she is responsible for paying off the old loan with a part of the proceeds from the new one.
The post Ask the Lawyer: Refinancing? Make sure your old mortgage gets closed appeared first on Boston.com Real Estate.
source http://realestate.boston.com/ask-the-expert/2017/08/30/refinancing-make-sure-your-old-mortgage-gets-closed/
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