February 13, 2003

Today's loan is brought to you by the letter "L"

We closed our refinancing today. This is the second time we've refinanced our mortage since we bought our home a little over three years ago.

It was all very simple, until we got to the deed, when this question came up: does Meredith's name have a middle initial ('L') or not?

When we first bought our house, this didn't even come up. Meredith L. Dodd signed many documents, with nary a question about the existence or not of a middle initial.

Then, a year ago, we refinanced. Somehow, the refinancing company screwed up, and left Meredith's middle initial out. This wasn't discovered until we got to the closing, at which point the title company decided that rather than fix every single page to have a middle initial, they would instead execute a 'grant deed' that would transfer ownership of our property from Michael D. and Meredith L. Dodd to Michael D. and Meredith Dodd.

OK.

Fast-forward to today. This time, most of the documents have Meredith L. Except the deed, which has, on the front, Meredith (no L), and, on the final page (where you would sign), Meredith L.

The problem, of course, is that the names on all of these documents are supposed to match EXACTLY.

In the end, the notary suggested that Meredith use L. in all the documents excelt the deed, where she should initial as 'md' (not mld), then sign her name both ways on the final sheet.

Who knows how our deed is going to end up. With our luck, our house will soon be registered to Michael D., Meredith L., and Meredith Dodd.

Ah well.

Posted by Mike at February 13, 2003 08:36 PM
Comments

Out of curiosity, does the L. stand for Lynne-with-an-E, or Lynn-without?

Posted by: Emily on February 22, 2003 05:18 PM

Without, babe. Always without.

What Mike forgot to mention is that today's loan was also brought to you by the number "several hundred dollars a month savings." The "L" doesn't bother me so much.

Mike's blog is a production of the Ultimate Television Workshop.

Posted by: Meredith on February 25, 2003 11:23 AM