Having grown up in a different culture than that we enjoy in the United States, my four brothers and I learned early on that as individuals, we have personal responsiblility for our results.
It's a lesson that's still with me after six decades.
When everyone involved in a real estate transaction (seller's agent, buyer's agent, escrow officer, loan officer and that most important person in the transaction ~ the buyer) subscribes to this truth, there's a joy in watching things come together.
That happened today, and I would dearly love to see it happen more often.
In another transaction this morning, I watched a contract sale unravel as the only program for which my borrower qualified (USDA/Rural) disallowed the property because it was located in a flood plain. (FHA will insure a property located in a floodplain, but USDA/Rural will not.)
It's not difficult for a listing agent to find out whether or not a particular property is located in a flood zone.
In this case, the home certainly didn't appear to be in a flood zone, so the listing agent didn't take the trouble to find out. He just clicked "NO" in the appropriate field on MLS listing. That careless mistake cost him a sale today. The buyer's agent will certainly find another house for his buyer, and I'll do the loan, but two weeks of hard work have gone down the tubes for naught.
Folks, the world doesn't owe any one of us a living. We have to earn it.
I'm Mike in Tucson, your preferred Tucson Mortgage Lender.
SUNSTREET MORTGAGE llc ~ Mortgage Bankers, Not Brokers!
Offices in Scottsdale, Tucson, and Nogales, AZ, and Albuquerque, NM.
Call me on my Blackberry (520) 349-9090
photos copyright Mike in Tucson