Don't forget shopping for Homeowner's insurance, the dickering back and forth while the sellers nickle and dime you on every little thing you want fixed, inspections, VA inspections, Insurance inspections. My Wife and I are 2 weeks into this thing and it seems like no end in sight. After getting Homeowners insurance done I now have to find a reputable mover.gigag04 wrote:Someone tell me that buying a home gets easier as you go along. My fiance and I decided we are going to buy a mortgage, I mean house, and this process is crazy. I'm wrapping up my life story for the mortgage underwriters now....
Hopefully we can lock in one of the amazing 4.x % interest rates.
This processes seems needlessly complicated...the whole title company, mortgage company, realtor, builder, tax man inside network is shady at best. There is a whole different language associated with this process to make sure all of these people get their cut. Makes me wonder how many unnecessary business models are kept afloat merely because of the confusion of home buying. Why is the MLS info so secretly guarded under lock and key? I'm looking at one of the pre-qaul deals for the mortgage and there is like a billion dollars in fees for different people along the way. The underwriter's fee is as big as the mortgage payment portion of the payment!!!! I need to switch careers.
(No offense AR - I actually appreciate our realtor who is a long time family friend. She, and our mortgage guy, seem like the only necessary pieces of this deal - they seem to provide a great value added service).
Can't wait for this to be over.