I mean should you bring something? A thank you or what? What about the guy who processed our loan? Does he get a gift?
2007-02-01 02:37:11 · 9 answers · asked by ticklefoot 4 in Business & Finance ➔ Renting & Real Estate
Sound like you are just about to complete a purchase of a house and a mortgage deal. I am really sorry for you. What a bad timing! Just when the housing market reveals its excessive run up in prices and when the market starts to cool, you decided to buy a house. Economists are predicting a fall in house prices, some steep and some less steep. But almost everyone agrees that the prices are bound to fall signifficantly, everyone except geniuses who irrationally think that since the prices increased so rapidly over the last 5 years, it must keep going up. Precisely because the prices have gone up so sharply, now they are in danger of collapsing. My point is, your lender and your broker, and the other geniuses that advised you to go ahead with the purchase don't deserve any gifts. They have gotten you in a big mess. A financial loss of such magnitude can even affect your marriage. Imagine, the interest rates goes up and you can't afford to pay the monthly payments. Default, harassment, eviction, complete financial ruin, dishonor and embarassment, perhaps even divorce are not far from reality in your case. If you have a chance to pull out, I strongly recommend that you pull out and wait a couple of years. It won't hurt you to wait a couple of years, will it? You will only benefit from waiting in this case. Keep saving your money and in couple of years you can take a smaller mortgage. If it is too late to pull out, be prepared to cut your living costs drastically and get ready to work hard over the next several years. The earlier you get your finances tightened up, the better. It is not an occasion for and there is no time to celebrate or give gifts. Good luck!
2007-02-01 03:04:48 · answer #1 · answered by Erdene A 2 · 0⤊ 2⤋
All good answers. In fact, in some areas it is illegal for an agent to accept a gift from the buyers or sellers. And some states limit what we can give to our clients as gifts. I have heard that NJ has a very low limit on gifts.
Good Luck in your new place.
2007-02-01 02:53:07 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Bring your driver's license, show up on time and sign the documents. Plus, if you need to, bring the cashiers check with the proper amount!
THAT IS THEIR GIFT!
Everyone you mentioned is making money off of you. It sounds as if you have had a great experience with the folks you listed and that is as it should be. If you are inclined, a letter of recommendation and a willingness to pass along that recommendation to anyone you know is worth more than anything you could give them!
Hope that helps!
Joe...
2007-02-01 02:41:59 · answer #3 · answered by Joe K 3 · 5⤊ 0⤋
Great answer from Joe K!
It is common for the agent to give YOU a gift, certainly not expected for you to return the favor.
2007-02-01 02:48:17 · answer #4 · answered by CiCi Elder 2 · 2⤊ 0⤋
I agree. Gifts aren't necessary. Everyone is making money off you.
We got free ice cream from the sellers when we closed :) They had a full box in the freezer. They didn't want to move it, and didn't want to just throw it away :)
2007-02-01 02:46:46 · answer #5 · answered by Kosmo 2 · 3⤊ 0⤋
If you were really pleased with the way your agent handled your deal, just place a small ad in the local newspaper singing her praises. It will encourage other agents to work harder.
2007-02-01 03:07:06 · answer #6 · answered by dreamgirl 5 · 0⤊ 0⤋
Sorry expensive yet once you're taking her money of path she feels she has a real to make it easier to be conscious of what to do. i could admit that a number of what you place right here sounds spot directly to me. in case you have not been understanding as a gymnast for the reason that college you're in all threat not in shape to be a instructor or coach. additionally you in all threat desire greater credentials than merely " I did gymnastics in college" they're completely authentic approximately you not getting pregnant as we talk, that incredibly may be a foul concept. in case you prefer money, and you do, that may not the time to indulge your "desires" it demands much simpler measures. So do not artwork in the grocery, yet do get a job not shop on with a pipe dream She is in all threat not likely to alter. she make it easier to be conscious of what to do or make her techniques and yo do not could pay attention to her, yet you do comprehend what your place may be in case you antagonize her sufficient for her to renounce giveing you the help you so sorely desire. i be conscious of it incredibly is not the ultimate challenge yet i think of you're gonna could "suck it up" till you will get to a factor the place you now not desire her help. you fairly could be greater grateful and appreciative of the reality which you will get the help which you fairly desire. there are various that at the instant are not fortunate sufficient to have kin which will grant advice while they're in deep desire.
2016-10-16 10:02:32 · answer #7 · answered by ? 4 · 0⤊ 0⤋
um no these people get MONEY, which is what they are paid to do no gifts, how strange. the get commission which is why they work do you bring your Grocery people gifts too?
2007-02-01 05:12:27 · answer #8 · answered by swimmyfishy 4 · 1⤊ 0⤋
No gifts needed. Everybody simply did their job and got paid for it, and paid well. Simply thank them and shake their hands.
2007-02-01 02:47:05 · answer #9 · answered by J Somethingorother 6 · 2⤊ 0⤋