“Where do you come up with this Stuff?”

Mortgage and Lending with Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 NMLS # 6869

“Where do you come up with this Stuff?”



I have been following your blogs on your Right Trac Financial Group Facebook page for a couple of years. I want to thank you for the jokes and funny stuff you share every Wednesday. I share most of them with friends and some clients. The “Dear Santa” one is hysterical, especially since I’m in the real estate business. Too bad you are not licensed in Pennsylvania as I’m a real fan. Barb XXXXXX


In case you missed it:


Dear Santa,

My mother's a Realtor and my father's an LO,

So my house is divided as this letter will show.

My mom can list and sell any home

And my dad always promises to close every loan.

But what I've observed is not actually the case -

For it seems that most deals blow up in their face.

It starts with the sellers, and the sales price they set,

My mom says you can wish, but that won't be what you get.

She goes round-n-round, and sometimes for months;

Open houses, new pictures, and all kinds of stunts.

Finally a buyer, now that the price looks right.

Funny thing is, it's what mommy mentioned the first night -

-When she met with the sellers, and got their listing...

Oh well, let's hope the buyers qualify - back to the wishing.

In comes daddy, to give it a try...

Their credit looks good, so they pre-qualify.

The next few days, the buyers gather their stuff

And now all of sudden, this file looks tough.

Daddy always says, his job is like a game...

What buyers tell you then show you, are never the same.

Between loan apps and emails and all types of faxes -

What a buyer says is his income, is not what's on his taxes.

So daddy calls his lenders to figure this out

He really wants to help the buyers get into this house.

The lenders all say they will give it a go -

Submit it to DU, and see what DU will show.

Is it FHA or Conventional or possibly VA?

DU likes the findings, and says it's ok.

So the file goes into underwriting, and the process begins...

A 30-day closing is how everyone hopes this will end.

3 weeks go by, and all goes off without a hitch...

Then the appraisal comes in under value, ain't this a b*$ch?!

Come to find out, the appraiser's from Dallas -

So he really doesn't know, Houston from Alice.

Now everyone's upset - the sellers especially -

So much for this transaction on closing successfully.

Referrals a plenty, is what mom and dad were wishin'

Now they'll be lucky to just get the commission.

You see Santa,...this is what I see -

A business full of headaches and misery.

The Realtors blame the loan officers and they blame the lenders

And the buyers and sellers both play the pretenders.

To finish my story, just so you know

Some 60 days later, the loan finally closed.

I heard it was a "nightmare" as all of them are...

But mommy said that "this one by far..."

"...was the worst of them all!" And I'll hear that again -

But for now, mom and daddy are back to being friends.

I did want a bike or a skateboard for thrashin'

But all I want for Christmas is a smooth transaction!

Thank you Santa!


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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.


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Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

Ab solutely love it.  I just went through this so I can relate to the over 60 day close, docs, underwriting approval and conditions galore.   

Jan 02, 2017 03:55 AM #1
Peter Mohylsky
Your Bucket List Broker along 30a

Great post, thanks for sharing.  Happy new year.  Have a fantastic 2017..

Jan 02, 2017 04:18 AM #2
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Good Morning Joe Petrowsky - thanks for the post! Wishing you a Happy and Prosperous Year!

Jan 02, 2017 04:37 AM #3
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good morning Joe,

Sharing is caring and read the post before.

Make yourself an astonishing day.

Jan 02, 2017 04:59 AM #4
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Joe. I enjoyed this before and I'm glad you were able to maintain fans even if you can't service them.

Jan 02, 2017 05:37 AM #5
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Joe. It happens all the time if people don't ask the right questions! Enjoy your day!

Jan 02, 2017 05:41 AM #6
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Great post as always. Congratulations on your newest milestone here on AR. Wishing you much continued success.

Jan 02, 2017 05:57 AM #7
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

A REALTOR® and a Loan Officer married to each other.....all I can say is YIKES!

Jan 02, 2017 07:07 AM #8
Marnie Matarese
Showing you the best of Sarasota!

Thanks so much for posting this again.  Every year it becomes truer and truer.  Must be something in the air.

Jan 02, 2017 02:55 PM #9
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I think I am exhausted after reading the poem but truth can sometime be that way!

Jan 02, 2017 06:59 PM #10
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I hope you have a fine New Year, Joe. The friend I referred to you has a son in the market. We need to talk.

Jan 02, 2017 08:25 PM #11
Hella Mitschke Rothwell
(831) 626-4000 - Honolulu, HI
Hawaii & California Real Estate Broker

Hi Joe Petrowsky - I've been so lucky, most of my clients were cash buyers in 2016. The ones going for a loan? Kind of like your poem.

Jan 04, 2017 12:55 AM #12
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Joe Petrowsky

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