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mortgage closing horror stories

7 Days Series [Horror]

7 Days Series [Horror]

Everyone has their fates connected to their birthdays, they are likely to have psychic abilities specifically connected to ‘something’. Some can sense it while some cannot, depending on what they have committed in the past. Mystery, Death, Foolishness, and Greed are the things attracting the evil spirits to be around. Those who were born on Sunday… “Ward: Labor Tomb” If you see ‘the pregnant,’ please beware; they are there to take your head. Those who were born on Monday… “Mirror: Who’s the First to Die of Them All?” After midnight where mirrors are, ‘mysterious things’ will appear. Those who were born on Tuesday… “Haunted: Mystery of Plumeria House” Stay away from ‘bathrooms’, if you wish to stay alive. Those who were born on Wednesday… “Theater: Book Me a Death Ticket” When people born on this day go to a funeral, they tend to witness bad events. Those who were born on Thursday… “Stairs: 12 Steps...Ghost Staircase” At night, do not look at the stairs, or else something might be there. Those who were born on Friday… “Reality: Dare the Living, Discover the Dead” There is a game for the living, but noted that it might take their lives. Those who were born on Saturday… “Holy: Soul Sacrifice to Spirit’s House” The ancient saying goes: think before you speak, as something the eyes cannot see does not mean it is not real. Every inconsiderate action must be traded with the living, and only death is the answer! One question… What day were you born on…?
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303 Chs
Mortgage Closing Horror Stories: How to Avoid Them?
2 answers
2024-11-12 00:05
One important step is to get a thorough home inspection early on. This can uncover any potential title or property issues before it's too late. And keep in close communication with all parties involved. Regularly check in with your real estate agent, lender, and the seller's side. Don't be afraid to ask questions if something seems unclear.
Mortgage Closing Horror Stories: What Can Go Wrong?
2 answers
2024-11-12 02:09
Well, sometimes there are appraisal problems. The appraised value of the property comes in lower than expected. This means the lender may not be willing to lend the full amount agreed upon, leaving the buyer scrambling to come up with more money or renegotiate the deal. Also, there can be issues with the escrow account. Incorrect amounts being deposited or disputes over who pays for what in escrow can be a nightmare during mortgage closing.
What are some closing horror stories?
2 answers
2024-11-06 07:24
A closing horror story could be that a shopkeeper is closing his store late at night. Just as he's about to lock the door, he notices a strange handprint on the glass. He tries to wipe it off, but it keeps reappearing. Then, he hears a faint scratching noise from outside the door. In the case of a hotel, a maid is closing up an empty room. As she closes the curtains, she feels a cold breath on her neck. When she turns around, she sees an indentation on the bed as if someone was sitting there.
What are some 'reverse mortgage horror stories'?
2 answers
2024-12-15 23:22
One horror story could be that some elderly homeowners entered into reverse mortgages without fully understanding the terms. They thought they'd have a stable income for life, but unexpected fees ate into their equity. For example, a couple found out too late that maintenance and insurance requirements were strict, and when they couldn't meet them, they faced foreclosure threats.
What are some mortgage lender horror stories?
2 answers
2024-12-09 15:09
One horror story is when a lender suddenly changed the terms of the mortgage right before closing. The interest rate shot up, and the borrower couldn't afford it. They had already made plans based on the initial terms, like hiring movers and giving notice at their rental. It was a nightmare as they had to scramble to find another lender or risk losing their dream home.
What are some mortgage refinance horror stories?
2 answers
2024-11-15 22:55
One horror story could be unexpected fees. People think they are getting a great refinance deal, but then at closing, there are a bunch of extra fees they weren't told about before. For example, some lenders might tack on processing fees that are much higher than initially stated. Another is rate hikes. They are promised a low rate, but after signing the refinance papers, the rate mysteriously goes up due to some fine - print clause.
What are some mortgage broker horror stories?
2 answers
2024-11-15 10:51
One horror story could be a broker promising a really low rate but then at the last minute, changing all the terms and the rate shoots up. The client was already set on the purchase based on the initial offer and then faced with much higher costs.
What are the common elements in Mortgage Horror Stories?
2 answers
2024-11-07 06:13
Hidden fees are also a big part. Lenders sometimes don't clearly disclose all the costs involved, leaving borrowers shocked when they realize how much more they have to pay. Another common element is poor communication from lenders. When borrowers can't get proper information or help from their lenders, it can lead to all sorts of problems.
Share some closing cost horror stories.
3 answers
2024-11-18 05:24
One horror story is when a couple was buying their first home. They were told the closing costs would be around $5,000. But at the last minute, there were all sorts of unexpected fees. It turned out to be over $10,000. They had to scramble to find the extra money or risk losing the house they had dreamed of.
What are some Adjustable Rate Mortgage Horror Stories?
1 answer
2024-12-11 19:14
In some adjustable rate mortgage horror stories, borrowers were not fully informed about the potential for large rate hikes. For example, a young couple bought their first home with an adjustable rate mortgage. They were excited at the start with the low initial rate. But as time passed, the rate adjusted based on market trends. Their payment increased so much that they could no longer keep up. They ended up having to sell their beloved home at a loss just to get out from under the crushing mortgage debt.
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