I had some house renovations done a week ago. Nothing that major, but a nice facelift of some outdated areas that put a nice fresh look on everything. I was very happy with the job done.
So, my carpenter then came to me and said that “to keep everything organized”, he needed to move my mortgage to his bank and that he needed to be able to sign for me as that would make moving everything easier.
If I just gave him the access to my bank account, that would suffice.
I figured sure… since he was the one renovating the house, it only made sense that he should control where I have my mortgage and to let him handle the entire transfer.
After all, he was a super carpenter, and if he knew how to update my bathroom and fix some cupboards so fabulously, he must know all about land titles, where to get the best interest rates, how to negotiate terms, ensure things were insured properly and ensure my house title was in order… all those essentials that go hand in hand with carpentry designing, painting and fabricating.
What’s that you say… isn’t that usually handled by one’s lawyer… a totally different skill set than a carpenter?
You think I’m maybe a little off my rocker?