where does the difficult part come in? I looked at a few houses today and put an offer on one of them. It's been easier than buying a car so far.
where does the difficult part come in? I looked at a few houses today and put an offer on one of them. It's been easier than buying a car so far.
one day
closing is a mother****er - YWIA
Getting the loan approved is the hardest. But getting one's background check passed is even harder for a pervert like you.
The loan hassles are indeed a royal pain. They can't seem to collect enough information about you.
what size wheels does this one have?
An Education is what you get when you Read the Instructions,
Experience is what you get if you don't...
22" spinners
why is closing so difficult? Don't I just show up with some money and sign a few reams of paper?
one day
Show up with all your pay stubs, W-2's, and any other pay records you have had within the last year to the place which you seek a loan, but do not mention the spinners, this will only hurt your loan application.Originally Posted by 1stTimeCaller
Everyone is jealous of the spinners, even your mortgage broker.
Are they going to counteroffer?
Are you asking for anything to remain in the house?
Did you negotiate closing costs? Repair costs? Warranty?
What kind of loan are you getting? 15? 30? 80/20? FHA?
Have you qualified yet?
Did you clear up your credit report yet?
How much of a downpayment are you going to make?
Escrow? Self-escrow?
How much closing costs are associated with that loan officer?
How clean is the disclosure report?
When's the inspection scheduled?
How thorough are they?
How much do they cost?
How's the foundation?
Are you going to bail if they find something that makes your upset?
Ready to forfeit your earnest money?
Is the estimate by the inspector more than the amount you negotiated for?
Are you going to bail if they don't pay for all of it? Make compromises?
Are you going to take the inspection costs in cash and repair them yourself?
Do you have a pool? Getting that inspected?
How'd the termite inspection go?
Will you be checking on the house to make sure all the inspections were done properly?
Will you hold up closing if you find something wrong on the final walkthrough?
How much insurance are you going to carry?
Will the roof pass inspection?
Flood zone?
Are you going to add your auto too?
Is the appraisal going to come through?
Are you going to keep tabs with your loan officer to make sure there's no surprises?
Is the loan officer local or an Internet company?
Will the be at closing on time or delay it by a couple days?
What do you need to bring to closing?
Will the title company agree to all the parties' agreements?
Will your loan officer change things up at the end because your type of loan "doesn't cover that"?
Use this website as a guide. Helps quite a bit.
http://michaelbluejay.com/house/
actually it was alot less hassle then I had always heard it was gonna be. You are paying cash right?
making 360 god awful expensive payments.
I would imagine paying cash for a house would streamline the process a little.
I would say the pre-financing/closing financing is the worst part. However, do not skimp on the house inspection after signing the contract. Some inspectors give the house a once over while others inspect every knob, outlet, light fixture, foundation, etc. You want the latter. They always pay for themselves by finding at least a few hundred bucks worth of repairs.
Every time I used a credit union for my loan, it was easy as pie.
Mmm hmm.
I hope you are preapproved. I didn't buy until I was preapproved and attached the approval letter to the contract. It helps out for the seller to know you are good to go...
Everything progressives do is aimed at weakening democracy, capitalism and the social and cultural institutions that support those things...... They are about subjugating people and being a ruling class.
Got pre-approved a few days ago. The house I made an offer on is less than half the amount I was approved for. I emailed them to see what I need to do finalize the loan.
I was going to take my earnest money down there today but I decided I'll wait until the seller agrees to my offer before I make that trip.
The offer was contingent on me getting financing that I was pre approved for, an inspection and repairs that arise from the inspection, a termite inspection and a few other things that I noticed from walking through.
one day
How often are you going to be at this house anyway?
2-10 days a month
one day
What town is this house in buddy? and congrats!
ahhh, looks like a good investment.
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