Recent content by TheoLee

The 5.41% headline is not enough to decide. My priority order would be: affordable payment after a plausible reset, total interest plus unavoidable fees over the period you realistically expect to hold the loan, then flexibility for repayment or moving. I would not assign much value to...

Separate price from risk. Offer 6% below with financing proof and flexibility, but spell out the inspection period, appraisal treatment, deposit conditions, and completion window clearly. Decide in advance whether you would cover any appraisal gap and, if so, cap it rather than leaving it...

Good plan. Make sure the advertised lower rate is available at your actual loan-to-value rather than only under a different tier. Otherwise you are not comparing the quote with a real alternative, just with marketing.

That list is probably the most transferable lesson here. I would add two columns: whether another task depends on that item, and whether a delay affects the lender or moving schedule. Buyers should also keep financing costs separate from any repair reserve until completion. Even without a major...

That is a fair caveat. I would also separate offer lessons from closing lessons. Once accepted, did you have one person coordinating the document sequence, or did you have to keep asking each participant what was outstanding? The latter seems especially risky in the final week, when lender...

Congratulations. When you say financing costs, was the problem that the amounts were unexpected, or that they became payable sooner than you had planned? I think many buyers budget carefully for the purchase itself but mentally treat the remaining cash as available for moving or repairs too early.

I’d separate the offer from the representation proposal. You can take the MX$11,880,000 offer seriously without accepting the same representation structure. Before signing anything, request a short written process covering conflict disclosure, confidential information, presentation of competing...

Is the 2,530 sq ft meant to be interior living area, total enclosed area, or does it include garages and other spaces? For a quiet-market search, that needs to be explicit because otherwise two owners can submit very different properties while both claiming to meet the size request.