Slackers
Stopped by the house today, no one was working... must have taken the week off.
Because no one was there though, we got to really take a close look at everything. We did notice that there was one rafter over the master bedroom sitting room that wasn't resting properly and was hanging over the support.
We also bought a bag of fall grass seed today. We spread that around the back yard where we'll be letting the dog out... in the hopes that some of the seed will sprout and keep the area less muddy so the dog doesn't track it into the house. This is all because the builder won't be spreading the topsoil or seeding until late spring.
Oh and a BUYER BEWARE NOTE: Mortgage brokers and companies are underhanded liars. The nicer and more honest they seem... the more you are getting screwed... seriously. Granted this is only my second house, but this is the second time I've been mislead until it was almost too late. Luckily I learned the hard way last time and knew to "follow-up" this time. So here's the story.... I've been working with a mortgage broker, and working towards taking a 80-10-10 mortgage. 10% down from my own pocket, 80% first loan, and 10% second mortgage... called a Home Equity Loan. So no prob. Well I can lock my rates in 60 days before closing, the end of this month. So I called the mortage broker to have them refax the current rates before it was time to lock. They fax me the rates I ask for on a 5 & 7yr ARM and 30yr fixed... they also fax me an copy of an email.... one they supposedly sent me in early October which states that their lenders will require that I pay PMI (mortgage insurance), which is another $133. Well, geez... my emails ends with @LMCO.... they sent it to @IMCO, so of course I never got it. Now, anyone who knows anything about computers, knows when you send an email to an invalid email address, you get an email sent back to you that says "Invalid Address". So without a doubt, the broker got this return email and knew that I never got it. But hey, they now have proof they "tried" to send it... and I won't find out about it until I go to lock and it will be too late by then! Losers! Luckily I asked for my rates early.
So now, I need to find a mortgage company who will let me take out a Home Equity loan for the house, or I'll need to pay PMI. The PMI vs. a new equity loan will cost $60 more a month, and will be putting no money towards the principal.... so not the best option, but also not devastating.
Oh did I mention that the builder gives us $6,000 for going with their mortgage broker, so I'm stuck with them? Besides, a scumbag is a scumbag and a different broker, well... wouldn't be any different. If you're sitting there saying.... " I had one that wasn't like that"... it's because you didn't know enough to realize it! Ignorance truly IS bliss!
Because no one was there though, we got to really take a close look at everything. We did notice that there was one rafter over the master bedroom sitting room that wasn't resting properly and was hanging over the support.
We also bought a bag of fall grass seed today. We spread that around the back yard where we'll be letting the dog out... in the hopes that some of the seed will sprout and keep the area less muddy so the dog doesn't track it into the house. This is all because the builder won't be spreading the topsoil or seeding until late spring.
Oh and a BUYER BEWARE NOTE: Mortgage brokers and companies are underhanded liars. The nicer and more honest they seem... the more you are getting screwed... seriously. Granted this is only my second house, but this is the second time I've been mislead until it was almost too late. Luckily I learned the hard way last time and knew to "follow-up" this time. So here's the story.... I've been working with a mortgage broker, and working towards taking a 80-10-10 mortgage. 10% down from my own pocket, 80% first loan, and 10% second mortgage... called a Home Equity Loan. So no prob. Well I can lock my rates in 60 days before closing, the end of this month. So I called the mortage broker to have them refax the current rates before it was time to lock. They fax me the rates I ask for on a 5 & 7yr ARM and 30yr fixed... they also fax me an copy of an email.... one they supposedly sent me in early October which states that their lenders will require that I pay PMI (mortgage insurance), which is another $133. Well, geez... my emails ends with @LMCO.... they sent it to @IMCO, so of course I never got it. Now, anyone who knows anything about computers, knows when you send an email to an invalid email address, you get an email sent back to you that says "Invalid Address". So without a doubt, the broker got this return email and knew that I never got it. But hey, they now have proof they "tried" to send it... and I won't find out about it until I go to lock and it will be too late by then! Losers! Luckily I asked for my rates early.
So now, I need to find a mortgage company who will let me take out a Home Equity loan for the house, or I'll need to pay PMI. The PMI vs. a new equity loan will cost $60 more a month, and will be putting no money towards the principal.... so not the best option, but also not devastating.
Oh did I mention that the builder gives us $6,000 for going with their mortgage broker, so I'm stuck with them? Besides, a scumbag is a scumbag and a different broker, well... wouldn't be any different. If you're sitting there saying.... " I had one that wasn't like that"... it's because you didn't know enough to realize it! Ignorance truly IS bliss!
posted by Nick | 6:59 PM
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