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Is it all about NOTHING? Shouldn't it be about something? Like: THE CLIENT!

By
Mortgage and Lending with Seacoast Mortgage Corporation, RI (20021119LB & 20031576LL), MA (MC2107) & CT MLO 10920

Is it all about nothing, as Seinfeld says?

 

 

 

Let's look at the following groups of people:

 

Active Rain posters: Are there people out here who just write about nothing important to our industry?

 

Tire-kickers: How about the buyers who drag you from house to house for over a year and then say : "oh, I'm going to take a year off and think about it".  Is it all about nothing with them?

 

Sellers: Yes, they list their house with you and when you present reasonable offers, they want to think about it or they will only come down 1% in the negotiations.  Is it all about nothing with them?

 

Attorneys:  How about the attorneys that say they review the Purchase and Sales Agreements, but they miss out on major omissions: like a mortgage commitment date that is either not in the contract or is three days from the initial date of the contract?  Do all attorneys watch out for the seller or the buyer, whomever they are representing? Is it all about nothing with them?

 

Appraisers:  Do they just arrive at the sale price to satisfy the minimum requirement OR do they truly appraise a house for its true worth?  Is it all about nothing with them?

 

Insurance Agents:  There is so much of a disparity, lately, in the insurance costs of homes.  Are they trying to make up for past losses? Is it all about nothing with them?

 

Realtors:  There are some that will list a home at any price, just to list a home.  Are they acting in the best interest of the seller or their own interest?  There are some that will coerce a buyer to look the other way when buying a home that is in dire need of repair. Is it all about nothing with them?

 

Mortgage Lenders:  Will they sell FHA just to make more money and have less work on a loan or will they explore other lending options, i.e. FNMA 95% down (IS BACK!) which will save on up-front PMI and possibly monthly PMI over the next 5 years (FHA loans must carry PMI for 5 years; FNMA loans may be able to eliminate PMI within 5 years without refinancing).  Is it all about nothing with them?

 

 

IS IT ALL ABOUT NOTHING?  OR does someone truly CARE about the client????

 

What do you think?

  

Ann Sabbagh 

Vice-President

Seacoast Mortgage Corporation

401-305-6906 or 508-243-1190

Residential & Commercial Financing

MLO10920

 

"When you choose me as your mortgage consultant, you also choose a financial planner who cares about YOUR financial strength."

Posted by

Ann Sabbagh, President

"The BEST compliment is a client referral: Thank YOUUU!"

Seacoast Mortgage Corporation

401-305-6906 or 508-243-1190

Residential & Commercial Financing

MLO10920

RIAR: teacher for "The Mortgage Course"; "Valuation of Commercial/Investment Real Estate"; "Reading Financial Statements"

 

"When you choose me as your mortgage consultant, you also choose a financial planner who cares about YOUR financial strength."

Comments (4)

Susan Mangigian
RE/MAX Preferred - West Chester, PA
Chester & Delaware County Homes, Delaware and Ches

Love Seinfeld. And it's not about nothing.  It's about customer service and fiduciary responsibility.

May 24, 2010 03:39 PM
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

I think the vast majority of us do care and work our butts off to do a phenomenal job.  It's the few who do a sloopy job who ruin it for the most of us.....

May 24, 2010 03:39 PM
Matt Grohe
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003

Ann: Interesting and poigniant questions. Many in this field are extremely dilligent but as in any industry some are in it just for a paycheck.

May 24, 2010 03:41 PM
Rodney Mason, VP of Mtg Lending
Guaranteed Rate NMLS# 2611 - Atlanta, GA
AL,AR,CA,CO,FL,GA,IN,MI,MS,NC,SC,TN,TX,VA

Every profession has their fair share of slackers.

May 24, 2010 03:41 PM