MEN, WOMEN................AND DIRECTIONS!!
Tis the season to be jolly.................Not when you don't have good directions to help you get to your destination! On my way to my 4th Holiday party of the day last Saturday, with my boyfriend Randy driving, we get lost because "He knows where he is going." Now haven't we gals heard that before???? His way of thinking is if he has an address, he will get there. My way of thinking is I want to know exactly every street and turn I will encounter, along with the address to get to my final destination.
Kind of like what I give to all of my clients who are seeking to purchase a home for the first time. I just don't let them know an escrow officer will contact them to sign their final documents and let them muddle through the process with no direction. I educate them on every step of the process, with some items such as:
-Why I need certain initial documents to submit with their file (Yes, we need to show you are employed!!)
-Time-frames for appraisals, approvals, underwriting etc.........(I didn't choose that appraiser who is getting me the appraisal 2 weeks after his due date!)
-What affects interest rates for their particular file (Yes, skipping out on that apartment complex in your late teens is still haunting you.)
-Expect the loan to be approved with "conditions" and what these normally are (LOE etc)
-What they need to do and most importantly, not do, while we are in the process of the transaction (Why do they think they just "need' to have that new car now??)
Now isn't that what the better"Mortgage Loan Originator's" are suppose to do? I would think that all conscientious ones would, ones who want referral business anyways. So isn't that what good boyfriends and husbands are suppose to do when driving us gals to a destination? My guess is that they are not so concerned about referrals, which I guess is fine with me because despite our differences in getting to a location, he is a keeper and we did arrive on time :)