05
BOND ATTORNEYS ARE APPOINTED
THE PROCESS
The Buyer may instruct the bank to appoint the attorney of his choice, however the Bank will only appoint an attorney firm that is on their panel.
ESI Attorneys are on the panel of all the major banks and may attend to the bond and transfer registration simultaneously, making it much easier for the buyer to sign documents, negotiate a discount on the fees as well as stay abreast on the progress of the transaction as a whole.
ROLE PLAYERS
MORTGAGE
ORIGINATOR
BUYER
BANK
BOND
ATTORNEY
POTENTIAL DELAYS
Internal process at the bank.