What is going on with everyone in my business? I haven't had a week like this one in a long time. I think it is all because we are all working very hard to get any deal done these days.
The Loan Officers are all letting things slip. Maybe because of recent changes in lending laws in the state of Indiana where I practice most. If you want to make sure you get your deal done you had better watch the loan officer closely.
The Loan Processors have all apparently stpooed looking at the entire file before submitting it to the Underwriter.
The Underwriters are questioning everything. I mean everything. And worst of all they do it one item at a time. Delaying closings for weeks not just days.
The Home Inspectors are finding some of the weirdest stuff. Scaring the first time home buyers into backing out of deals on a regular basis. I know one agent who went through 5 homes before the Home INspector found a home that didn't scare the buyer to death. Funny thing is not one of the 5 homes were really bad homes.
The Insurance companies are finding it harder and harder to write a Home Owners Policy.
Worst of all my fellow Realtors, you kow the ones who have managed to survive this crazy market have gone crazy themselves.
I can't wait until the market gets healthy again. I think we are all on edge.
