Comments | pallagia: The Waiting Game

pallagia

The Waiting Game

Jan 27, 2004 16:39

The title of today's story that is Robin's life: The Waiting Game. Before I leave today, I will send a report to one of my clients that contains 95,000 data points. Every one of those points has been analyzed by myself and deemded worthy. At this point, all of the work is in our database guy's hands, as he needs to prepare the report. With it ( Read more... )

Comments 9

kesara January 28 2004, 01:50:00 UTC

happy homeownership is wonderful, but my advice is to avoid a mortgage broker at all costs. the rates are slightly higher at a bank, but they are much less likely to screw you over. almost every homeowner we know has had some sort of bad experience with various mortgage brokers in the area...

best of luck to you as you take your first steps toward owning your new (or new-to-you) palace! :)

psychowoof January 28 2004, 02:36:22 UTC

my advice is to avoid a mortgage broker at all costs.Depends on the broker, depends on the specific people working for the brokerage firm. Our mortgage is financed through GMAC. Given our situation when buying a house (really only had one income to speak of because I only had a contract in hand and hadn't actually collected a paycheck from my faculty position), they were actually able (and more willing) to work with us than the bank's were. The specific individual we dealt with was "recommended" by our real estate agent (not really, since legally he can't recommend a mortgage broker ( ... )

pallagia January 28 2004, 15:23:44 UTC

One of the best things about having friends who have done this before is the fact that we knew a lot of "dos" and "don'ts" going into the pre-approval meeting. (Thank you to psychowoof and amberle85 for your posts!)

At this point, we've submitted our paperwork, and it doesn't look like we'll have any problems. We should receive an official letter in a week or so, and then the actual process will start.

As for a realtor, we're planning on using the realtor that B and H used to get their house, and we plan on asking her to act as a buyer's agent. Hopefully that will cover our bases. However, any advice that you guys (or anyone else!) can give regarding negotiating, things to avoid, etc. would be VERY helpful...

Thanks!

By the way, amberle85, sorry we weren't around to help with the wallpaper fest last weekend. We feel your pain however: we helped my mother remove wallpaper from plaster walls and wallboards on her foyer, upper hallway and three bedrooms in 2002, and it was EXHAUSTING. By far the worst was the wallboard: like you, I swear that the ( ... )

psychowoof January 28 2004, 17:34:34 UTC

However, any advice that you guys (or anyone else!) can give regarding negotiating, things to avoid, etc. would be VERY helpful...

Actually, we found that not specifying our price range to the agent initially was a good search strategy. Again, this depends on the agent. Also, don't limit yourselves to the top of your price range - look at the bottom of the next higher range as well. It is possible that someone has overpriced and may be willing to come down in the right situation.

The fact that you guys don't have a current property to sell and can move in immediately after closing is a strength as a buyer. I'm sure mdsteele47 and binxcat can explain more on that from their experiences with having to unload mdsteele47's condo.

binxcat January 28 2004, 12:55:36 UTC

kitty cat goes back to the vet tomorrow afternoon, as she seems to still be less than 100% after the absess she developed on her ear two weeks ago.

Good happy healthy kitty thoughts coming your way. Let us know how she's doing.

I'm nervous, but psyched that we're starting down the path that will eventually lead to home ownership.

Wee! Enjoy! The house hunting part will be a blast, the process of the mortgage will be horrendous and will seem like it will never end (but it will, despite how helpless and hopeless you'll feel), but in the end you'll be in your own place where you can put 10,000 nail holes in the wall if you want and no one can say anything to you.

will the snow arrive? Will it warm up?

PLEASE TAKE IT FROM US. PLEASE. I will drive it up to you myself, just make it go away.

pallagia January 28 2004, 15:26:00 UTC

Re kitty: well, she's not eating, but she's looking perkier, which makes me feel better. What had me worried was when she was listless and weak. Her attitude's coming back, which makes me feel hopeful. More details after her vet visit today!

And thanks for the good wishes re: house hunting! We are simultaneously really psyched and nervous, but it feels so right to be doing this right now. Yay!!

Snow: heh, heh! We have another 4 inches or so more, but the warm temperatures aren't here...it is still about 10 degrees outside! BRRRRRRRRRRRRR!!!!!!!!!!!!!!!

okay, I'll stop complaining... binxcat January 28 2004, 16:56:18 UTC

Snow: heh, heh! We have another 4 inches or so more, but the warm temperatures aren't here...it is still about 10 degrees outside! BRRRRRRRRRRRRR!!!!!!!!!!!!!!!

It sounds like you may be on the receiving end of what is hopefully FINALLY leaving here. We're not that cold, thank GODDESS, but the lack of treatment of the roads is making up for that. Well, maybe not, I guess if it was 10 instead of 27, the slush that's on the road would much more likely be ice...

Re: okay, I'll stop complaining... pallagia January 28 2004, 17:19:20 UTC

Hey, but you have tons of snow to shovel, and believe me, I consider that to be more than enough to complain about !!

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