1986 is going to be as hectic as last year with everyone wanting to refinance and all sources strained it appears, but all is well at the moment. Richard and I are feeling good and believe it or not Richard had a hot dog at Price Club and said he didn't like it!!!
I had some really difficult problems on my loans this week though. I asked the Lord to help me and we did get them done!! When I went out to one of the Lender's where Dan Northcutt from our Stake works he told me he was amazed and said he had told the girls working for him that I could never pull it off, but I did.
I had one borrower in Austria on a ski trip who would be back three days late for the other borrower to be able to close and I had another borrower who could not qualify and since each person was buying the other person's house (three houses, four couples involved) everything had to work and if it didn't I would have felt very responsible because two of the borrowers were mine. Thank the Lord we worked hard, negotiated with everyone and got the one in Austria to fly back early and got one borrower to pay extra to get a buydown so the lender would approve him and it all turned out ok.
On another deal on a loan we had worked on for three months we had finally funded and were going to close the next day when the escrow officer called and said we were $19,100 short and the borrower had said he did not have any money to bring in and the lender had said they could not lend him any more and if we did not have it by morning the whole deal would fall through and the property would be foreclosed on. Payments were not being made and they could not see that the taxes were paid though and for some reason it did not show up till right at the the last minute. We were panicking for about 15 minutes when the borrower called up and said his bank was opening up special for him to get a cashiers check and it closed. So we had some close ones but we closed them and were paid!!
We have about 25 loans going and it is so hard to keep up with it all but at least we can pay the bills and keep moving ahead. This Saturday I taught four of the Help You Sell agents about financing and they said said they really learned a lot and enjoyed the class. They are pretty good to refer loans to me. Since brokers have become a thing now and not everything being done by the banks the real estate agents have a lot to learn!
Went by mistake to 7th Ward last week and they were having a Farewell for Johnny Rasimas to the Tonga Mission. His sister Michelle is very vivacious and gave a good talk. Donna Moncrief is so pretty and she gave a good talk and the father did also.
Linda wrote that they are having problems with mice in Chicago and need D-Con! We know all about mice from problems we had!!!
Maria and Mark are moving in here. Most of the time baby Michael is very relaxed and a chubby, jolly fellow.
James is doing well on his mission!
We just realized that Brother and Sister Squires who were at the MTC when James was there are relatives!