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learned about this is in real estate school...
Posted by CST of IA on 12/14/19 8:29am Msg #613502
we were told that 60 people have to touch the documentation for buying a house, getting a loan, etc. 60 people have to do their job correctly and timely for things to run smoothly. One person screws up and can affect a lot of the process. I've learned this to be very true.

But then we have underwriters who are the bane of realtors! The last minute "going over with a fine toothed cone" stuff really drives us crazy as we often have a domino affect on house sales. If the first one gets held up, often many people are sitting with their stuff on semis to move and no one can close.

It frustrates me to wait on docs and it's ALWAYS the same bank for me that I am waiting on often for another week but I do know a little about the behind the scenes from 20 yrs of real estate.
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Messages in this Thread
 Mortgage Connect unfair to signing agents - David Fortune on 12/13/19 7:45pm
 Re: Mortgage Connect unfair to signing agents -  Doris_CO on 12/13/19 8:31pm
 Re: Mortgage Connect unfair to signing agents - shooterclay on 12/14/19 1:58am
 They are bottom feeders -  Cheryl Elliott on 12/14/19 7:17am
 Re: They are bottom feeders - kcg on 12/14/19 7:48am
 Re: They are bottom feeders -  Cheryl Elliott on 12/14/19 7:52am
 Agree KCG - Luckydog on 12/14/19 8:19am
 learned about this is in real estate school... - CST on 12/14/19 8:29am
 Re: learned about this is in real estate school... -  JanetK_CA on 12/14/19 3:41pm
 totally agree with you - CST on 12/14/19 5:36pm
 So by 11:00 am at the latest you weren't canceling or - Mobile1/PA on 12/15/19 6:25pm
 Re: So by 11:00 am at the latest you weren -  Yoli/CA on 12/16/19 9:00am
 Re: So by 11:00 am at the latest you weren -  Cheryl Elliott on 12/16/19 11:43am
 Faxbacks usually required, not always. -  Yoli/CA on 12/16/19 11:52am
 Good to know. Tks. (I was thinking same as Cheryl.) n/m -  JanetK_CA on 12/16/19 3:43pm
 Re: Good to know. Tks. (I was thinking same as Cheryl.) -  Yoli/CA on 12/16/19 5:04pm
 Re: Spot On Yoli! n/m - Mobile1/PA on 12/17/19 7:57am



 
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