Can't believe that with Memorial day and all I couldn't get your offer accepted Mr. Veteran


Your first thought is probably well did you have a good offer to begin with? The answer is YESSSS

guaranteed! Mr. Veteran even agreed to pay for Lender required repairs if necessary, increased his

deposit, agreed to the Bank's limited inspection and appraisal timeframes, and cross qualification, plus

agreed to pay for all of his closing costs to get the Home for his family. The condition of the property on a

scale from 1-10 was a 7 and I saw only one item that could get called by the appraiser and that was the

covered patio that seemed to need replacement. The response I received from the listing agent was, "The

Bank is looking for an offer with a minimum of 10% down!" Mr. Veteran didn't have this 10% and even if

he did doesn't it just make sense to use a VA loan when you earned it by giving freedom to not only our

great country but also countries around the world? It really upsets me that Mr. Veteran has checked off all

of the items that could make this transaction drag or become an expense to the bank! Had Mr. Veteran

not agreed to the bank's terms or possibly not been able to afford the terms, or repairs the property

needed would be one thing but when you have someone like Mr. Veteran being this flexible it makes me

want to go through the computer monitor into the listing agents office and saying hey aren't you human?

Isn't the asset manager human? Aren't bank executives human? Our world is not ran by computer server

portals through which the terms of these transactions are inputed. At the end of the day there is someone

saying YAY or NAY to the best offer. Now do I consider an offer like Mr. Veteran's terms but 20% down a

better offer? Yes of course but sometimes it's not about that, sometimes it's about doing something good

and by saying that I'm not even asking the listing agent or asset manager to go Pro Bono or Volunteer!

Next time you see an offer from one of our service men or women take a minute to think about what

these people have been through! If we continue to turn these people down someday we just might be

turning down our Country's own safety!

Thank you to all the Service Men and Women for providing peace for our great country and countries

around the world! We salute you!

Comments (1)

Jean Hanley
Coldwell Banker Kivett Teeters - Hemet, CA
Specializing in Folks Who Want To Buy/Sell Homes

Doesn't it just make you sick to your stomach when you have a great VA buyer and thetheir offer is viewed by the listing agent as "another VA offer that the bank will not accept"?  I have actually closed a couple of VA loans in the past year, but I had to do some relaly tall talking to get them accepted in the first place.

Jun 01, 2010 10:50 AM

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