Tomorrow I will be in escrow. Have some questions.

[pencilneck]

2) I have an approved 30 year fixed loan, San Diego County Credit Union for 4%, no points. My credit score is above 740. Anyone know of anything better for 30 year fixed?

It wouldn’t hurt to contact a good mortgage broker and check your options.

Congrats!

[bewildering]

[quote=Ricechex]Hello All,
1) Any recommendations for a good house inspector?

2) I have an approved 30 year fixed loan, San Diego County Credit Union for 4%, no points. My credit score is above 740. Anyone know of anything better for 30 year fixed?

3) I believe the appraisal will come in higher than the purchase price. Would it be in my best interest to get the inspection first, negotiate any repairs and then order the appraisal?
[/quote]

2) Try some online lenders through Zillow, they beat 4% for our recent refinance. But, depends on your information…

3) Your appraisal will not come in higher. They appraise by market value. If you are offering amount “X” and it is accepted then that is the market value.

Comment
by u/HarryWaters from discussion I am a Real Estate Appraiser, AMAA.
in RealEstate

[HLS]

Accurate loan pricing changes every day.
It also depends on your loan amount and % down.
There is no one rate that fits everybody.
Although you say ‘no points’ are there ANY fees other than points ?
It’s very easy to get confused about no point loans and no cost loans etc.

[moneymaker]

I personally don’t see a problem sharing the appraisal info with the seller, they have already agreed to a price so they can not raise it but they may have to lower it if appraisal does not come close to the asking price. I know that happened to someone I know who was selling and did not want to go through the hassle of spending more time looking for another buyer. Can be a good reality check for the seller.

[sdsurfer]

[quote=Ricechex]THANK YOU. I have always trusted the Piggs….people I dont even know.

The realtor is like a runaway train. In past offers, she is wheeling and dealing with the other agent and trying to convince me to go higher in price. I have had to put the brakes on her the whole time.

And, I have refused to tell her my price limit, because otherwise she will attempt to upsell me to that.[/quote]

This is freaking crazy to me. She does not represent your best interest and you do not trust her…so you are still working with her? There are so many other Realtors out there. People blame the Realtors for being “wheelers and dealers”, but if this is how people choose their Realtor it will remain that way. If you do not trust her now…how will you trust her through the escrow process? Not to scare you since it looks like you found your home and maybe if she’s that busy she is incredibly competent, but I’d never work with a professional that I do not trust in any industry.

Anyways…I’ve used Mark Chaffee with Win home inspections a ton of times and he always did a good job at a reasonable price. Typically 300-400 depending on the size of the home and typically the repairs he referenced that were needed justified more than his fee.

I do wish you luck and congratulations!

[Author]

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