Sunday, April 01, 2007

Now here's a horror story

There is this couple and I really do love them and want to help them find a house but their lender has made it a nightmare.
They were told verbally that they were approved for one amount and when it came down to it, it was much less.
Now that they have a ratified contract on a house, the mortgage processor has been fired and his manager can no longer find him a mortgage program. He would have to reurn to looking in a much lower price range, still do-able but not as desired on his behalf.
So the moral to thye story is to affirm that you have your financing set and it is solid before going any farther.

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