posted May 06, 2004 08:49 PM         

The mortgage broker is no help, her communication skills are horrible, she kept delaying financing paperwork (not because she needed anything additional from us), which almost threw the deal. We now can't get affordable homeowners insurance because of the type and age of the roof, we asked for a credit back to help repair the roof originally because no maintenance had been done to the roof in 18 years, and the greedy seller said no and gave us a token $500 credit back (and because of the roof our homeowner's insurance is going to be $950+ - Allstate wouldn't even QUOTE it because of the age of the roof) AND I just found out a year has to be paid in advance (and we're like 5 days from close of escrow).

The finance person estimated closing at about $3-5K less than it's turning out to be. People are not telling us about things (like homeowners having to be paid a year in advance at closing, not providing good faith estimates until we're right down to the wire, the two versions of good faith estimates we got had the wrong loan amount info - it was too low) The mtge person is always too busy to answer our questions, or too flippant and won't explain things, but simply answers, "don't worry about it"...I mean, it just goes on an on.

It's beginning to appear as if we won't be able to buy appliances because of closing costs. Roommate is negative and pessimistic about it, hubby is negative and pessimistic abou it. I'm thoroughly stressed to the gills. The only good news is that the first payment isn't due until July 1. Oh, the payment is as much as $500 MORE than what we were told it's going to be. The title person doesn't return our calls, she hasn't emailed me an estimation of the final closing yet (even though I'm supposed to be signing tomorrow).

I've had to do all the work myself (coordinating, calling people, getting quotes, following up). GAAAAH.

I liken the entire project to waiting until you get married to lose your virginity, then on your wedding night you get gang raped.

posted May 06, 2004 10:21 PM         

I am sorry to hear of all of your troubles with this. Just a thought, but sometimes things don't work out well because the Universe is trying to tell you that it's either not the right time, or it's not meant to be. Maybe there is a different house that is really meant to be for you, down the line? Just a thought.

posted May 06, 2004 10:36 PM         

Actually, I see this two ways...

1. Anything worth having is worth breaking into a sweat for.

2. Anything that causes this much grief in the getting, isn't the right thing to want.

The thing that distiguishes one from the other, is nothing more than a gut feeling.

posted May 06, 2004 10:41 PM         

I've heard from everyone I know (even the realtors) that buying a house, in Northern Calfornia anyway, sucks, esp. if you're a first time buyer, so up until this point, I had no frame of reference to really know what was extreme, but this is just getting ridiculous. My mother-in-law is in Title Insurance, so we're going to ask her what if any recourse we have. She's already suggested that because of failure to disclose the realtors can be made to credit back some of their commission, esp. if we're threatening to walk. I dunno what we're supposed to do. I'd been pushing for numbers for weeks and just got put off, "don't worry about it"s etc...but at this point, if we back out we stand to loose a fair chunk of cash...