Mortgage Broker Recommendation
Hi b’stoners,
I wanted to refer a FANTASTIC mortgage broker that specializes in FHA loans. His name is David Roma and works for East Coast Capital. I cannot say enough good about him. He has been available 24 hours/day to answer the most ridiculous question that any first time home buyer may have – and always happy to take your call.
I wouldn’t normally go out of my way like this but the turning point was win we sort of ended up in a bidding war over a property and David assured us that we should stick to our guns and not offer more since a lot of people are not qualified. That spoke volumes to us since he was basically saying to us. He said that he wanted us to be in the right house and if this wasn’t it, it would come in time.
How REFRESHING!!!! Someone in an economic depression who still knows that the bottom line is getting the buyer in the right home.
Happy to answer any questions but he’s great.
877-781-7788 – ofc
516-476-7328 – cell
Worst Broker Experience Ever
Wondering if I have any recourse for dealing with what happened in a recent home purchase. We were dealing with the owner of RE company who was helping us – the buyers I’ll call him Agent A. One of his associates was the listing agent on this property – I’ll call him Agent B.
We scheduled an appointment to see the property with Agent A, he showed up 30 minutes late. We scheduled a second viewing of the property with A and he was 25 minutes late. We told him at the end of the walk-thru that we wanted to make an offer and what we were offering. He told us he thought there was maybe another offer coming in but he would ask Agent B and call or text us back within the hour and he would also send over the offer form late that evening. He did neither. I called Agent A the following day asking when he was going to send over the offering paperwork so we could our offer in and he said he would send it by noon. He still did not send it. I called him again at 2:00 pm and left him a rather terse message. We finally got the offering paperwork by about 9:00 pm – almost 24 hours after we were expecting it. We filled it out, sent it back and he did not present our offer to the sellers for 3 days. Ironically, the same day as Agent B brought another offer to the sellers for more than what we offered but they ended up not having the financing. We asked Agent A to send over the signed counter and we would sign and send it back – that took 2 days and about 5 phone calls on our part to actually receive the paperwork. We spoke with the agent over the phone about the timing of the paperwork and he said that there was no one else interested in the property and that they would change the status on their website to pending sale. We had an appointment to sign the paperwork with the broker this morning and he called us last night to say that out of the blue, another offer came in for over the asking price and the owners would go with this offer unless we offered more money. Agent A said that this new interested party emailed Agent B on Thursday evening with the offer without speaking with Agent B before doing so. Who, in this market, offers over the asking price? Obviously, Agent A, dragged his feet and did not inform us of the other offer coming because he wanted more money for the property. Since he owns the company, he’s going to get a kick back from the sale anyway.
Sorry for the long description but am I able to file a complaint anywhere about this so he doesn’t do this to someone else? If so, where?
May 21, 2012 | 02:16 PM