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Thread: I got raped... bigtime! Mortgage people come in.

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  1. #1
    Join Date
    Aug 2006
    Location
    G'ville
    Posts
    2,362
    Quote Originally Posted by elvisinturn1
    I don't know. I don't know why she did it. My problem is that she basically left me no choice. I spent a ton (about $6K total) moving all our stuff down here. I more or less moved a 3 bedroom house in PODS which was the cheapest way to move. A moving company wanted $12K to move it down from Michigan to GA. We literally showed up to closing, and had it not been for all our stuff sitting in the driveway at the new house, I would've walked out of the closing. But, if I would have done that, it would have cost another $6K to ship our stuff back to MI. So, even though I legally had a choice to close the loan or not, I would have lost money either way. The funny thing is I have flawless credit. My mid FICO score was 791 according to them. Our interest rate is low. The thing that screwed us is PMI and her fee which is.... get this.... for you mortgage guys...

    1.85% ORIGINATION FEE

    It was originally 0.09% until 3 HOURS BEFORE CLOSING. Then, the PMI went up, as did a few fee's here and there, all that were increased by our mortgage rep.
    The cost of our house was $365,000.00 which is a whole lotta house in South Georgia.
    I got something for her ass though
    yea it is...you got a basement and 2 stories?

  2. #2
    Join Date
    Oct 2004
    Posts
    2,943
    Neither. Ranch with upstairs bonus room. 5000 sq. ft. on 3 acres

    The house has a ton of upgrades. 4 car garage, granite counter tops in the whole house, etc. Ceramic floors, hardwood, etc. Jacuzzi in master, and all kinds of other crap. We live in McDonough off 81 and Keys Ferry Road out in the sticks

    The drive to work sucks ass though. I work in downtown Atlanta off GA400. I work in the big Cingular HQ. Takes me 1.5 hours to get to work, and 3 hours to get home.

  3. #3
    Join Date
    Oct 2004
    Posts
    2,943
    Keep in mind that I'm originally from Detroit though, and $365K won't get you anything but a condo and a crappy one at that. There is no land in Detroit. The house we have here in GA would easily cost $2 Million in Detroit. So, we're use to $365K + homes. Our last house was $500K and was 1500 sq. ft. on a 300 x 200 lot with a 1 car garage.

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