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Sold my old house in May, that was a year long PITA. First agent couldn't sell cold beer in July, second agent could sell, but fucked all the paperwork - repeatedly.
Moved in with my GF, we start looking a house together. We encountered agents who were primadonnas, that didn't submit our offers to the seller, who advised sellers to not make any repairs, and who refused to shows us houses, and in one case steered the seller to a LOWER offer, that later failed to get fiananced. 3 failed contracts, due to the above.
We finally get a good contract on a house we really like for $250K. Credit scores for both of us between 750 and 830, combined income $150K, combined assets of twice the value of the house, no debts at ALL, 20% down on a conventional loan. Walk in the park, right?
WRONG !!! We scan & email 150 pages of information, we have to prove we have the stated assests, we have to prove where got the assets, we have to prove we have 401K's, etc. The we have to scan & email another 60 pages of documents....then they hang up the approval over a disputed $20 phone bill from 5 years ago. The bill was paid, but disputed. They got that cleared off, but it takes 30 days to cycle off the credit report.
They had to resubmit to a different underwriter, as the first one refused to underwrite with any disputes on the report, even with the ltter saying it was going to be removed.
We're finally going to close next week, after 45 days of BS.
Moved in with my GF, we start looking a house together. We encountered agents who were primadonnas, that didn't submit our offers to the seller, who advised sellers to not make any repairs, and who refused to shows us houses, and in one case steered the seller to a LOWER offer, that later failed to get fiananced. 3 failed contracts, due to the above.
We finally get a good contract on a house we really like for $250K. Credit scores for both of us between 750 and 830, combined income $150K, combined assets of twice the value of the house, no debts at ALL, 20% down on a conventional loan. Walk in the park, right?
WRONG !!! We scan & email 150 pages of information, we have to prove we have the stated assests, we have to prove where got the assets, we have to prove we have 401K's, etc. The we have to scan & email another 60 pages of documents....then they hang up the approval over a disputed $20 phone bill from 5 years ago. The bill was paid, but disputed. They got that cleared off, but it takes 30 days to cycle off the credit report.
They had to resubmit to a different underwriter, as the first one refused to underwrite with any disputes on the report, even with the ltter saying it was going to be removed.
We're finally going to close next week, after 45 days of BS.
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