I went to see my attorney this morning. He checked out my refinance papers and said to go ahead and "do it." My dad told me that if Philip says to jump I need to jump. Whatever he tells me to do, "do it." I paid him $50.00 for his time and his expertise. If I'm not mistaken he said he was the president of the Oklahoma Real Estate Commission. So he knows real estate and contracts. Thank You Mr. Holmes. My other attorney said that he was surprised that Mr. Holmes saw me because he doesn't do much law practice any more. He said it is probably because I have known him for so many years. He was our family attorney for many years. It was wonderful to see him. I always give him a big hug when I see him. I think a lot of him. Since my father died years ago, if I need advise I turn to Philip.
I'll save around $12,000.00 on the refinancing. I wanted to get the loan from a local instead of having it with a giant company that couldn't care less and is having financial troubles itself. We cut our loan term from 18 to 15 years. The rate is two and a half percent lower. The payment is almost the same as before. So if all goes well we will pay our house sooner and cheaper. It is costing us some closing costs but the banks need all the help they can get. We the poor have to sacrifice so they can be richer.
There is a Muslim loan that charges no interest. The bank buys the house and the people pay back the loan without interest. It is only for Muslims. That would be nice if Americans would do this but it won't happen. I found out about this through researching Muslim banking Web sites. This seems to be the best aspect of Muslim faith.