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Old 05-13-2020, 05:39 PM
 
Location: In a George Strait Song
9,546 posts, read 7,069,239 times
Reputation: 14046

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Quote:
Originally Posted by EDS_ View Post
Some people are such idiots. Sorry this happened to you.
Thank you.

The plot thickens---

Today in the mail there was a bunch of stuff with the buyer's name and our address, including credit card applications. Is this normal? Is this a byproduct of some online mortgage program? I've never had this happen before.
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Old 05-13-2020, 06:06 PM
 
19,783 posts, read 18,073,660 times
Reputation: 17270
Quote:
Originally Posted by calgirlinnc View Post
Thank you.

The plot thickens---

Today in the mail there was a bunch of stuff with the buyer's name and our address, including credit card applications. Is this normal? Is this a byproduct of some online mortgage program? I've never had this happen before.
IDK. Sounds off to me.
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Old 05-13-2020, 06:07 PM
 
Location: In a George Strait Song
9,546 posts, read 7,069,239 times
Reputation: 14046
Quote:
Originally Posted by EDS_ View Post
IDK. Sounds off to me.
That's what I was thinking.
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Old 05-13-2020, 06:23 PM
 
1,429 posts, read 1,777,488 times
Reputation: 2733
Quote:
Originally Posted by calgirlinnc View Post
Thank you.

The plot thickens---

Today in the mail there was a bunch of stuff with the buyer's name and our address, including credit card applications. Is this normal? Is this a byproduct of some online mortgage program? I've never had this happen before.
Unless they’re a cash buyer, no one applies for new credit between going under contract and taking title/funding the mortgage. At least no one who wants to own a new home does. And that would be far too soon for random mailers to be going out to a homeowner. Also most credit card companies are currently trying to estimate their losses on existing portfolios instead of throwing a bunch of advertising dollars at American consumers who, it should go without saying, are watching their spending more than they did 3 months ago. Direct mail is down even more than other forms of advertising too. I say all this to point out that it’s possible, but highly unlikely that a credit card application came to your address in their name through some accident. Not sure what the protocol would be in this case but I would just be very careful. Maybe ask your agent to reach out to them and say some of their mail came to you, and you opened it before realizing it wasn’t addressed to you, and just wanted to know what to do about the letters.
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Old 05-13-2020, 07:14 PM
 
Location: In a George Strait Song
9,546 posts, read 7,069,239 times
Reputation: 14046
Quote:
Originally Posted by numbersguy100 View Post
Unless they’re a cash buyer, no one applies for new credit between going under contract and taking title/funding the mortgage. At least no one who wants to own a new home does. And that would be far too soon for random mailers to be going out to a homeowner. Also most credit card companies are currently trying to estimate their losses on existing portfolios instead of throwing a bunch of advertising dollars at American consumers who, it should go without saying, are watching their spending more than they did 3 months ago. Direct mail is down even more than other forms of advertising too. I say all this to point out that it’s possible, but highly unlikely that a credit card application came to your address in their name through some accident. Not sure what the protocol would be in this case but I would just be very careful. Maybe ask your agent to reach out to them and say some of their mail came to you, and you opened it before realizing it wasn’t addressed to you, and just wanted to know what to do about the letters.
The only thing I can think of is that our house was listed as "coming soon" on Zillow for about two weeks...
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Old 05-13-2020, 08:52 PM
 
3,478 posts, read 6,557,083 times
Reputation: 3239
Also selling. Not really thrilled with how it is going, but not sure we can really do anything else besides what we are doing now. Luckily we still stand to come out fine thanks to the crazy appreciation of the last decade...but dang I had some fun plans for the extra $$!
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Old 05-13-2020, 10:34 PM
 
5,833 posts, read 4,169,655 times
Reputation: 7648
Quote:
Originally Posted by calgirlinnc View Post
The only thing I can think of is that our house was listed as "coming soon" on Zillow for about two weeks...
There are some unscrupulous people out there. Right after we moved to our first house in Fort Worth, I started calling to get various services setup. I called Charter (I gladly use their name because they deserve it) to setup tv service. I gave the sales person my address (again, brand new address), and they only asked for my first name. I only got pricing info on the call, too. A couple days later, a Charter service guy shows up to setup service, which I had not ordered. He left. Two days later, another Charter guy showed up to try and setup service. I finally called and talked to a supervisor, and he claimed that someone by my correct first name but a totally wrong last name had tried to setup new service at my new house. Yeah, right. He suggested that maybe someone was pulling a prank on me, but when I told him no one else knew our new address and that I knew exactly what had happened (the commissioned sales person made up a last name and entered a connection request), he suddenly went from half-serious and thinking I had actually done it to very apologetic -- it had obviously happened before.
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Old 05-14-2020, 02:58 PM
 
565 posts, read 558,230 times
Reputation: 979
Quote:
Originally Posted by braaier View Post
Stubborn sellers out there. When I see buyers asking for more than what comps sold for six months ago I have to laugh. They need to get real.
That's actually the norm, especially if solid public school comes into play. Houses often sell for more this time of the year then versus the winter
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Old 05-14-2020, 04:38 PM
 
8,134 posts, read 3,671,773 times
Reputation: 2718
Quote:
Originally Posted by mastershake575 View Post
That's actually the norm, especially if solid public school comes into play. Houses often sell for more this time of the year then versus the winter
Well, if you ignore the elephant in the room..
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Old 05-14-2020, 09:32 PM
 
565 posts, read 558,230 times
Reputation: 979
Quote:
Originally Posted by serger View Post
Well, if you ignore the elephant in the room..
Yes but the elephant in the room is exageratted and the housing market isn't going to crash (especially in area's that are still desirable).

That same user I quoted literally thought he was going to be able to give lowball offers of 100k below market value because of the situation and now he's complaining that people are still asking for good values during what is peak season (he's literally laughing because solid houses in good neighbhorhoods want summer prices and the arrogant lowball offers aren't going to work)

That's not ignoring the elephant in the room, that's called having unrealistic expectations
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