Skip to main content

“all good things comes to those who wait”

Is it odd that though I haven’t got a closing date, I have already chosen paint colors for my new home? Forget closing, I haven’t even gotten a mortgage commitment as yet.  Like I have mentioned before, I have chosen to focus on the more positive aspects of homeownership than on the things that are out of my control, such as the underwriting process. As frustrating as the mortgage process has been, there is no doubt in my mind that I will not receive the approval. This waiting is just part of the journey.  Most things now appear to be so instantaneous (we get emails and text messages on our cell phones. We can track the arrival of the buses and trains on an app) that we have become accustomed to having everything right away. But there seems to be something for that old adage, “all good things comes to those who wait” or “patience is a virtue”.  I’m trying to put it all into perspective.
This morning at about 9:20 am, I received a forwarded email from my attorney regarding the lack of loan commitment. The buyer’s attorney wanted to know the status. I was at work and in the middle of doing something important though I was immediately overcome with worry. At around 11:20 am I phoned my HSBC mortgage loan officer. She answered the call and we had a brief conversation about my concerns, she stated that she knows I must be frustrated and she will call me back in 15 minutes. 15 minutes came and went. There were no telephone calls. No emails. Then at about 2:30 pm I called her back and left a very detailed message asking her to return my call. Then I called again and conveniently received her voicemail. Still there was no call backs, no emails. At this point I was quiet annoyed. My realtor texts me to let me know that she has also contacted the loan officer and have not received a call back. The realtor was concerned that she wasn’t contacted about the appraisal yet the file was sent to underwriting. I texted her back, “does appraisal happen before underwriting?” She replied “yes”. Now, I was worried. What type of incompetent bastards was I working with at HSBC?  

I called my counselor from the community organization, which had assisted me with acquiring down payment assistance and he tried to calm me down from off the ledge. He quickly shot off an email to the loan officer to respond. So here we are now. More waiting and no mortgage commitment.

Popular posts from this blog

Dipping My Toes

While surfing StreetEasy, I noticed that there was a new two-bedroom apartment listed in my ideal neighborhood. The price is absolutely ridiculously overpriced though I was curious and wanted to see the apartment in person. I knew from past experience that the apartment looks much larger usually in person than they appear on line. I clicked the call the agent feature on StreetEasy and I was connected to a Broker name Owen. Owen isn’t the listing agent however he would meet with me at the property and offer me guidance, realtor services if I needed to make an offer.  I wasn’t going to make an offer.  Firstly, the property was ridiculously overpriced.  Secondly, it was small.  The apartment opens into a small foyer where you can see the living/dining area. Left of the foyer was a retro pink bathroom, then a master bedroom with two nice closets (one of them a walk in).  The second bedroom is actually I half bedroom right off the kitchen. Owen made a point of telling me that the kitchen c…

Debt Free Journey

In the last few months,   I started 2 new jobs and bought a car. But let me start at the beginning.  In 2016, I made a resolution, along with the usual lose weight promises of years past, this year I had a plan of focusing on my financial future. Managing my debt. I asked myself what goals I wanted to accomplish in 2016 and developed a plan of how to accomplished those goals. I made a vision board and then I drew my own mind map. I was watching motivation videos on YouTube and TED talks. I would watch Suze Orman and Dave Ramsey and be inspired. I was on a goal of financial self-improvement.
I made it a goal to find a higher paying job with my company. I mastered the “tell me about yourself” question and practiced my response in the mirror. I was confident. And after multiply revisions to my resume, careful crafted cover letters and multiple interviews, my hard work paid off. I got a job. Yeah me! Three years after graduate school, I finally got a job in my field.  With new job came …

Welcome to My Blog!

Hello, my name is Marissa. I’m new to blogging. I don’t have a degree in design and I’m not a professional decorator. I just love decorating.
I love home improvement and design shows. I love HGTV and apartmenttherapy.com. 
My favorite shows are House Hunters, The High Low Project, The Property Brothers, Love It or List It and Property Virgins.
I’m also in the process of buying my first home, a cooperative apartment in Brooklyn, NY. Buying a home is a giant step but it’s also an expensive one too.
I have big plans for my first home. However I'm now realizing that most of the work I planned for the home, I can't afford.
I have been looking for a home for several years, but seriously looking for about a year. Most of my friends live in Brooklyn. I live and work in Brooklyn so it only made sense for me to stay here. But Brooklyn real estate is not cheap.
My Coop wish lists were: a two bedroom apartment, with lots of closet space, natural light and windows in the kitchen and bathroom. I…