Making Decisions

Homeownership comments edit

I was looking forward to seeing something from MortgageDesignGroup today as I was promised on Friday, but it’s 5:00p, end of the business day, and I haven’t gotten anything.

On the other hand, I got a call from Ann this morning and she was exceptionally up front with me on some things that I hadn’t heard from anyone else.

The question was how flexible she could be on some of the closing costs and broker fees. She said that, frankly, she could make them all go entirely away. With that, though, is a sort of caveat. She likened it to a car dealership: You might get the dealer to give you a lower price and cut his overhead more than he’d like, but that rebate you might have qualified for… you suddenly don’t qualify for anymore. Basically, you might not pay the fees and closing costs up front, but you may end up paying it anyway in the loan’s percentage rate.

It sounds kind of crappy, but I won’t lie to you - I’d rather someone be honest with me than try to sell me into something of a lower value. I appreciated her honesty on that one.

And with that, I think I’ve picked my broker. Sure, I’ll wait to see if MDG sends me anything, but I have a very, very strong feeling I’ll be calling Ann back to ask what next steps will be. Jenn pointed out that, of all of the brokers I’ve talked to, the only one that doesn’t stress me out when I talk about her is Ann. I think that says something right there.

In other news, I’ve scheduled with the realtor to do a couple of walkthroughs this coming Saturday - houses he recommended that Jenn and I drove past this weekend. In the meantime, he’ll continue looking for stuff in our desired area and maybe we’ll have more to see when we meet up with him this weekend.