Carla Muss-Jacobs is One AGGRESSIVE Real Estate Agent -- You Better Believe IT! Builders, Lenders . . . OH MY!
There is a reason why I take a very aggressive stance when it comes to representing my clients.
It's because I have to!
I read two posts today that almost dove-tail what I have been experiencing for the past two weeks.
First Post of Discussion: Is Building a Custom Home Fun?
Here is what happened very recently . . .
I stipulated in our contract that the builder shall pull permits prior to the commencement of construction, and I specifically detailed the city and the HOA by name.
The permits from these entities needed to be issued prior to the commencement of construction
We (my buyer client and I) stipulated that, and they (the builders/sellers) AGREED!
Guess what?
The builder started construction WITHOUT obtaining the PERMITS!! Yes they did!!
When the HOA told him to stop construction because the HOA hadn't approved the lower level plan, he told us about it all -- TWO WEEKS AFTER.
How did he disclose this? He sent over the new plans (which my client never approved) with his changes. And he wanted my client to "Pay us" for the additional sq. footage.
HA HA HA -- that's never . . . and I mean NEVER . . . going to happen!!
Second Post of Discussion: This is Why Buyers and Sellers Need Their Own Representation
Although the post is about dual agency . . . it's more about buyers thinking they know things . . . when they DON'T!
In a recent transaction, Buyer switched lenders. This was done AFTER the contract was mutually accepted. I never realized he was NOT approved by Chase, and I won't get into the details.
Suffice to say, because Chase took this on, during a mutually accepted contract, they placed my client in a situation that had him in NON-COMPLIANCE with the contract . . . for over TWO WEEKS!
The pre-approval from Chase was back-dated to June 28th
When I spoke directly with the loan officer on June 29th, I was told that the buyer (who is ALREADY IN CONTRACT, keep in mind) had not applied for a loan with them yet, and the pre-approval would take 7-10 days. I got the pre-approval yesterday, July 14th! But, Chase back-dated it to June 28th.
That means that the buyer HAD NO LOAN IN PLACE . . . and was out of compliance.
And here I am trying to tap dance to Chase's tune all the while knowing that the contract could be revoked at any time by the seller if they wanted to. The BUYER DIDN'T HAVE A LOAN IN PLACE -- he switched lenders. He had NOT applied for a loan within 3 days, on and on and on.
I called the lender's manager and was told by the Chase Lending Manager the following:
"I can't wait to tell the buyer how rude and aggressive you are!*"
REALLY?!?!?
I'm aggressive to keep the contracts KOSHER!
Be very careful when dealing with Chase loan officers and lenders who write in all 50 states. They DO NOT KNOW your contract!
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