Friday, December 15, 2006

Hustlin' Hustlin'

You're probably wondering what's going on. I asked my mortgage broker yesterday at 4:45 p.m. what was going to happen after an entire day of not hearing from her but instead getting calls from her office asking for information I had already given them days ago. Were we going to close or not, I asked. She laughed. "You're jumpy, aren't you?"

"Hey, man. I need to know what to tell my job. Will I be in or not?"

"You don't have to take the day off," she said. "We will be closing about 4 o'clock."

So of course I didn't listen. I took the vacation day. I could go pay for the homeowner's insurance and do some other errands while we waited. Plus I didn't know when we were going to do the final walkthrough and there needed to be time for that.

So I got up this morning and told MIL we needed a final walkthrough. That's right. No one said, "Hey Monica, this is when your walkthrough will be." No. I had to ask for it.

I gave her my cell number and went off to drop Daughter at school and commence the errand run. MIL called at 11 to say we could do the walkthrough at noon. By then I had completed what I had to do and was doing what I wanted to do - look for my birthday present to myself and get a couple of other Christmas gifts I needed to buy in person. (I've been doing my thing online. I highly recommend it.)

At 11:30 the MB calls. "Monica. We just found out you DO need flood insurance."

I won't go into the feelings on this. I had asked this question of my insurance guy and I suppose he didn't really think it necessary to check into it because papers from the mortgage company were already saying we didn't need it. The papers I signed for the loan said it too. Today, hours before closing, we find out I do. Why do I bother to ask?

I'm already in the city my agent is in so I go back to their office (because I paid them this morning already) and tell them the issue. "It's a 24 to 48 hour process," I'm told.

"Jesus Christ" I pray out loud. I call the MB and tell her. She talks to the girl. The girl has to find out if they already have some info they need to speed up the process so I leave until she calls me because I need to do the walkthrough. A few blocks away she calls. "Can you come back?"

"I'm on my way." I do a U and head back. The girl points me to the licensed agent I had dealt with that morning, Tracy. Poor Tracy hasn't eaten yet but she knows the situation. So we sit and talk. She fills out paperwork and I cross my fingers as well as pray because I'm told flood insurance is VERY expensive and we are down to what we need for the closing with a little padding. This insurance would eat that padding for sure. Tracy has errors and finds out she needs the elevation certificate. How do I get that? "You're going to have to hire someone to go out and survey the land so you can get one." I stare at her in disbelief and call the MB again. In the meanwhile, Tracy says maybe the seller's insurance agent can help us out. I tell her, "oh yes, maybe (the seller) has it!"

"Oh, you know the seller?"

"This is a family affair, Tracy. My MB was her MB for her mortgage. She may even have the info."

"Oh, that's lucky. Most people don't know the seller."

That's not luck, Tracy. That's God. I call the MB, she thinks she actually has the elevation certificate and faxes it over. But it isn't it. MB takes the charge. She calls the other insurance agent and sees what she can find. "As much as we want your business," Tracy tells me, "It may be easier for you to let that agent insure you for now and you can come back here and put it all together when it expires."

Sounds like a plan, though it may be an expensive one since I don't have a relationship with those people already. More phone calls, more confusion and finally MB tells me what Tracy just said. "Monica, go somewhere where you can talk. I'll have that agent call you."

Tracy is already with anohter customer now but she sees me packing up. I tell her the deal and she wishes me luck.

Off I go to the house at last to maybe get a shot at walking through. MB calls on my way there and tells me she is calling the town now to see about getting that much sought after elevation certificate. After I get to the house she calls. "Monica, where are you?"

"I'm at the house now."

"Guess what I have?"

"Really?"

She asked a favor of the zoning guy who approved us buying this house and he came through like a champ. "Go back to the office," she tells me. "I am faxing it back to your agent now."

"I'm on my way." My gas is almsot on E and I am one town away at about 1:15 p.m. As I find a place to park I thank God again because the meter has 38 minutes on it. I have no quarters so I thank God for once again paving the way.

I run to the office and the younger agent points me to Tracy who is already on the phone working out my stuff. She hangs up. "I have to hurry. If they don't have this by 1:30, you can't close today."

Tracy moves and her fingers fly. She talks to her underwriters to ask how to fill something out and the clock says 1:24. My MB calls to ask what is going on. "Tell her 4 minutes!" MB says. Poor Tracy holds her head while I do NOT relay the message. "OK, OK. We're moving," I respond.

Tracy gives me papers to sign and asks the younger agent to start faxing while she finishes the rest. $518 dollars, one signature later it is 1:30 and the last fax is going through.

I call MB. "I love you! I love you! I love you!" she yells. I laugh and we hang up.

I don't know what to do for Tracy but SOMETHING major is getting delivered to her office next week. Like a good neighbor, State Farm was there for me. I love these people.

It is 3:50 now. Husband has picked up Son and I took him to get the last of the money we needed. I got Daughter and dropped them both off to the sitter because Husband and I have a holiday event to attend tonight for my business group.

Now we wait. The closing is scheduled for 5 now. In the midst of all the insurance madness, a potential puzzle customer called me. Now I need to return his call.

I didn't need to take the day off, she said. Yeah right!

************************************************************************

10:45 p.m.

It took until about 8 tonight. We missed the party we were supposed to go to. But we closed.
We are homeowners for the first time.
We are tired.
Good night.

2 comments:

Looney Mom said...

OMG! What a LOT of work!! You sure handled it all like a champ. CONGRATULATIONS on owning a HOME!!!

theresa said...

Congrats! When is the party? I'm coming, for sure.