Tuesday, February 9, 2010
Buying A House!!!
Okay so a couple of months ago my husband and I decided to buy a house. Yay!!!! We talk to the mortgage company and tell them this is what we can do and can you help us? They tell us no problem, you can get a loan, start looking. We started looking and found one. So, we turn in everything they ask for, we sign the contracts, and my husband tells me to start packing because we will be moving in thirty days. After about two weeks the phone rings. The mortgage company says sorry we can't help you. But, two weeks ago with these same papers you said you could, what changed? Our debt to income ratio changed. Can someone please tell me how that changed when the pay didn't change and neither did the debt? I sure don't know! So, our poor real estate lady has put up with us looking for a house big enough to fit us all and far enough out of town so my husband can have his country. Oh My GOODNESS!!!! She is such a great lady. She told us about another company. My husband calls him and tells him what happened. This man was totally shocked that it was handled so poorly. We turn all of the SAME paperwork to him. A few days later we get a call. He tells us in three months we can start looking for a house. That by then everything would be where it needed to be for a loan. We ask, "How much?" They tell us our limit and we wait. There is no sense in looking when we have to wait. So, a couple of weeks ago our time was up. Time to start looking again. Now instead of just looking, we actually called the guy and asked first. Just to make sure we weren't waisting our time. Is everything ready to go, can we still get the loan, and how much? We get all the details and call our lady again. We finally found a place. We LOVED it. We couldn't get. This house was in a flood zone and the people selling it would have to lower their price which they have already done. Start looking again! We went out to look at a place and this man calls us and lowers our loan amount another $15,000. You have got to be freaking kidding me! What changed? Again no one knows! Why in the world would you have a job and not know what the crap you are doing? If nothing has changed on end of the paperwork then one would assume that it had to be on the other end right? So if it is your company and you own it then why can't you tell me the problem?