It is human nature. Everybody wants to seem like they know what is best for other people. This is never more true than during the process of purchasing or refinancing a home. If you have ever purchase or refinance a home, you have probably experienced this. As soon as you tell someone that you just got a contract accepted on a home, someone tells you that you should have got it for less. Or you tell a friend that you just locked in a great new interest rate, and they tell you that they hear that someone you’ve never heard of just got a better one.
Now most of the time, friends and family aren’t trying to crush your spirit or make you feel bad about your decision, they are just trying to look out for you. But would you go to your auto mechanic and ask him a medical question? Of course not. You would ask your doctor for his professional opinion.
Now sometime, the opinion is coming from a “Professional” (another REALTOR or Mortgage Originator). It is important to look closely at this opinion though. First, is this person just some random professional or someone that you know and trust? If it is, then why aren’t you working with them in the first place? Everything else being equal, you should always work with the person you know and trust! Second, how much do they know about your personal situation? Someone who says they can get you a better interest rate, without knowing the detail of your scenario, is just making empty promises.
You choose to work with your REALTOR and/or Mortgage Broker for a reason. If you have lost cost or trust in them, you better make sure that you have full confidence in the new professional because changing mid-stream can be costly if not done right.
As always, if you would like to work with a team of Mortgage Brokers that you Know and Trust, give The Kunselman Team a call.
