As we are all aware of the ever changing status in the underwriting world, has it occurred that maybe we need customers in order to have a job? It appears that we are 'throwing the bath water out with the baby' or another clique 'going from one ditch to another'. I do believe we will find balance again...somewhere down the road...but in the mean time customers are having to extend themselves to a supernatural patient level in order to comply with lenders, sellers, and underwriters.
My recent scenario presents itself as a flag just prior closing last week. It seems as though the sellers sold the property (in a pool or foreclosures) and now there is a cloudy title. In order to rectify this, buyers underwriters ask for cancellation of the original PA and a new signed PA with new date. Sellers underwriters can't understand, they do FHAs all the time and never had this. Now both sides are looking into the legality with their departments. AH HA, that's the key, we do this all the time and never had this problem! Change happens. As people who serve people we need to adapt to change and no matter how ridiculous it seems, take the extra steps and get the job done.
In this whole process (I'm still hoping to close maybe next week now) my concern is the anger and blaming that occurs when in fact just be the experienced professionals we are meant to be should and not pit each other against each other. We need to build up our network not tear it down. Be like gumby (for those of you old enough to remember this little green bendable guy) and MAKE IT A GREAT DAY!
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