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Old 06-05-2018, 05:14 PM
 
3,804 posts, read 9,323,105 times
Reputation: 4978

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Quote:
Originally Posted by Greeniejeans View Post
This thread shows me that we haven’t really learned much from 2008, except how to wrap things up in different paper and add a bow.
If this thread proves anything, it's that a good number of consumers still do not read their Disclosures, do not learn about the process, and blame everything on the Mean Ol' Bank.
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Old 06-05-2018, 06:27 PM
 
376 posts, read 500,087 times
Reputation: 407
You guys can think im trolling, but im not.

Will be making an offer tomorrow on a property, with terms in my favor as well. 115k offer on a 125k listed property and 3% to closing (which will cover the downpayment).

Dual agent thinks it will be seen favorably by the seller. Some light TLC is needed, but thats fine.
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Old 06-05-2018, 07:18 PM
 
12,016 posts, read 12,757,385 times
Reputation: 13420
Quote:
Originally Posted by juggar View Post
You guys can think im trolling, but im not.

Will be making an offer tomorrow on a property, with terms in my favor as well. 115k offer on a 125k listed property and 3% to closing (which will cover the downpayment).

Dual agent thinks it will be seen favorably by the seller. Some light TLC is needed, but thats fine.
What are you gonna do about the $14 and escrow?
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Old 06-05-2018, 08:41 PM
 
376 posts, read 500,087 times
Reputation: 407
Quote:
Originally Posted by LifeIsGood01 View Post
What are you gonna do about the $14 and escrow?
Attempt to get the credit report fee waived and deal with the escrow garbage until I can get it removed.

Either way, it’s a much better deal than quickens offer and the free incentives outweigh any personal hang ups.
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Old 06-05-2018, 08:54 PM
 
12,016 posts, read 12,757,385 times
Reputation: 13420
Quote:
Originally Posted by juggar View Post
Attempt to get the credit report fee waived and deal with the escrow garbage until I can get it removed.

Either way, it’s a much better deal than quickens offer and the free incentives outweigh any personal hang ups.
Even if you don't have to pay the escrow it's still figured into your debt to income ratio.
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Old 06-06-2018, 04:46 AM
 
Location: 80904 West siiiiiide!
2,957 posts, read 8,376,785 times
Reputation: 1787
Quote:
Originally Posted by juggar View Post
I understand they need to protect their interest, but its literally only $500. Like, seriously? It really should be based on credit score whether or not one needs to put $500 into escrow....

I find it honestly offensive they would attempt to charge me $14 for a damn credit report. Mind you, I get these free from Discover and many other credit cards. The dealership doesn't charge me for this either, they know its the cost of doing business.
You are seriously complaining about a one time $14 charge? You sound like a fun person to be around....
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Old 06-06-2018, 04:55 AM
 
Location: Union County
6,151 posts, read 10,029,147 times
Reputation: 5831
Quote:
Originally Posted by juggar View Post
You guys can think im trolling, but im not.

Will be making an offer tomorrow on a property, with terms in my favor as well. 115k offer on a 125k listed property and 3% to closing (which will cover the downpayment).

Dual agent thinks it will be seen favorably by the seller. Some light TLC is needed, but thats fine.
UM - you're using a dual agent on your first time home buy?!

A dual agent represents the seller. For someone picking apart the mortgage and worrying about $14, why would you go into the biggest purchase of your life without someone representing you?

Crazytown.
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Old 06-06-2018, 05:37 AM
 
Location: Cary, NC
43,284 posts, read 77,115,925 times
Reputation: 45647
Quote:
Originally Posted by MikeyKid View Post
UM - you're using a dual agent on your first time home buy?!

A dual agent represents the seller. For someone picking apart the mortgage and worrying about $14, why would you go into the biggest purchase of your life without someone representing you?

Crazytown.
Is Trollville a suburb of Crazytown?
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Old 06-06-2018, 05:43 AM
 
Location: NY>FL>VA>NC>IN
3,563 posts, read 1,879,188 times
Reputation: 6001
LMAO you guys are still at this?

I checked back in to see if the guy waaay up thread who said he finances vehicles because he can otherwise use that $$ on a 60% return investment, had told us all how how does that
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Old 06-06-2018, 05:58 AM
 
Location: Cary, NC
43,284 posts, read 77,115,925 times
Reputation: 45647
Quote:
Originally Posted by AJ1957 View Post
LMAO you guys are still at this?

I checked back in to see if the guy waaay up thread who said he finances vehicles because he can otherwise use that $$ on a 60% return investment, had told us all how how does that
Eh.
It is a droll diversion from serious and interesting stuff....

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