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Borrowers Rights "Special Notice"

Legal Representation And Large Business Transactions

Too often individuals come to us with horror stories of bad business ethics when attempting to buy a car or home or refinancing a loan. Small business owners including financial professionals have also gotten the short end of the stick. Fact is although it is true that money talks, money can also get up and walk... right into someone else's pocket with little chance of your getting your hands on it in a timely manner. This often is the case when paying a deposit or retainer fee for services that turn out to have never been rendered. Perhaps you have been in a similar situation recently.

Corporate and individual greed has threatened to turn the lending market inside out. Though companies put forth effort to offset bad business practices and the government has recently instituted policies to protect consumers against fraudulent, deceptive and unfair business practices regarding credit reports and predatory lending schemes, there is still much to do. We at Mortgage Loan Search will continue to arm online loan shoppers with crucial information to assist you in getting bargain financing in a fair, legal and just manner.

Therefore in keeping with or recent feature "Borrowers Rights" we now strongly recommend that our rate watch members give serious consideration to the state of their individual and family legal needs. When going to settlement or examining the loan package it is always wise to have an attorney specializing in lending issues examine and even preside over these negotiations.

There are many legal services out there. Finding the right services is as challenging as finding a good lender. Yet as we discussed in our feature article "How to Find A Good Lender" the same princples applys when finding good legal respresentation. Here are a list of recommended legal service shopping tips.

1. Get recommendation from reputable sources

2. Research the stability of the company, recent changes in ownership, management, stocks and mergers

3. Address the business ethics and practices of the group

4. Consider any perks, advantages or discounts offered that other services do not offer

5. Interview company representatives. 6. If the company website does not answer all questions call and get answers

7. Ask for references of satisfied clients

8. Consider the bar grade of the legal representatives in the group

9. Are services and appropriate fees spelled out in writing

10. Is the company and its partners In good standing with the state Bar Association

11. Consider customer satifaction survey ratings

12. Will the service provide Will preparation or updates, traffic tickets, review of contracts or legal papers, buying or selling property, consumer or warranty issues, bankruptcy questions, lawsuits, property line disputes, phone calls made and/or letters sent on personal matters, Answers to small business questions.

Many of our members are not aware that it's now easier to acquire these services for both family and small businesses at a monthly cost as little as a cup of coffee and doughnut a day.

If you need a place to start finding adequate affordable legal services you can narrow down you search by visiting the following site Pre-paid Legal Service. We promise you, you'll wonder why you didn't do this sooner. And you'll see quickly how much better off you'll be before signing the dotted line.

Mark Askew
President
Mortgage Loan Search


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