NOTE: This is a migrated entry.
For the record I'm working with a REALTOR and a broker to get this home taken care of. I met the broker by way of the REALTOR. I have to admit...once we found a house and got a contract signed, my agent kicked it to the extreme; calling early or late as needed to give me status updates about the progress of the purchase. The broker is not only working to get the financing done, he's working to get the best rate possible.
I was told recently that the two of them are working to not only get the lowest rate, but to also get more money on the loan and pay off all of my various credit cards. My credit is clean, but I do have a couple of credit cards carrying balances at present. When it's all said and done, I won't have to bring any money to the closing table, I'll have the house and all of my credit cards will be paid in full. That will only leave my car payment - which will get paid off by the time tax day comes around in 2009.
Don't get it twisted...the broker has quite the attitude problem, and doesn't like to talk to you the customer, only to your agent...but the two of them together are quite effective as a team. It's too bad all of my friends are broke, or I would absolutely recommend the two of them for anyone trying to buy a home.
