“You Were Right”

“You Were Right”



When anyone wants to refinance I ask a lot of questions. One of the areas has to do with how long the client is planning on owning the current property. Depending on what they share I may recommend that a refinance not be done, as a refinance has a cost.


You were right, we should have listened. We are looking to move sooner than we expected, which is what you thought might happen, but we made the decision to refinance. Not a good decision on our part, but now we need your help again, we want to buy another home. We will need a referral for a Realtor and home inspector.

You are top notch my friend. In advance, looking forward to us working together again, let me know what you need, so that you can do a pre-qualification?


After reading their email I was a little annoyed with myself that I didn’t push them harder not to refinance, as I did their original loan 7 months ago.

I guess none of this makes any difference at this point. I need to focus on what is next.


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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

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Comment balloon 23 commentsJoe Petrowsky • March 29 2016 11:04AM


Good morning Joe. You can lead a horse to water but ...! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) over 2 years ago

Sooner than later is sometimes the case !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) over 2 years ago

Hi Joe.  You can't be responsible for people making poor decisions.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 2 years ago

Some folks just have to do it their way, Joe.  Hopefully they will know better next time.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 2 years ago

So glad you have some more loyal fans.  No surprise there.

Posted by Women of Westchester Working Together, Women helping Women get ahead (Women of Westchester Working Together) over 2 years ago

This is good story to shares. Clients do not always accept the best advice.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 2 years ago

Good morning again Joe. You can't beat a client with a stick. They know your heart.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 2 years ago

Joe, I always ask a seller why did you refinance last year when you knew you were selling this year?  The answer is always we wanted the lower rate...the lender always cares about their fee & doesn't do right by them...I find it rampant unfortunately.  I am glad you ask.

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) over 2 years ago

 Good morning Joe Petrowsky . Thank you for sharing this story with all of us. People will do what they want to do.

Posted by TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029 (Complete Home Inspections, Inc.) over 2 years ago

Yeah Joe Petrowsky I agree with the comments, you can't be responsible for people making bad decisions, even after they get good advice.

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 2 years ago

You always have your clients' best interests at heart- that is what we all admire about you - and the fact that you are a great lender! 

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Keller Williams Capital Properties) over 2 years ago

Joe, you are right, borrowers do not consider what they are paying and how long it will take to make up the new expenses.  

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) over 2 years ago


It all works out in the end.  Your clients know you have their best interest at heart. A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) over 2 years ago

You are "top notch", as they said Joe Petrowsky.   All we can do is put the facts, and the costs, on paper in front of them but ultimately; it is their decision whether to proceed.   Hopefully, they will pay better attention to the master going forward. 

Posted by DEANNA EARLY - - ( NMLS # 268590 ), Virginia Mortgage Loan Originator (American National Bank and Trust) over 2 years ago

You did what you could but some peopel have to do it their way. Now it will hurt financially.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) over 2 years ago

Joe,  Indeed ...NEXT.  They made the decision and they acknowledge their mistake.  Hindsight is 20-20.  

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) over 2 years ago

Hi Joe -- Top Notch, indeed!

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) over 2 years ago

Hi Joe Petrowsky ,  After all said and done, I'm glad they returned to you for help.

Posted by Larry Johnston, Broker,Friends & Neighbors Real Estate, Elkhart,IN (Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC) over 2 years ago

Joe we can't do anything about the past, so the concentration needs to be on moving forward and making the future better.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 2 years ago

I thought this blog from the title would be about how the customer was right because I always use that phrase with my clients. Are they right? It depends . . . but I'd rather they be right in their eyes when they're wrong than coming back to tell me I was right all along.

Posted by Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents, Put 40 years of experience to work for you (Lyon Real Estate) over 2 years ago

I'm sure you did what you could, Joe, and the clients remember that. That's why they are seeking your advice and help again.

Posted by Debbie Laity, Your Real Estate Resource for Delta County, CO (Cedaredge Land Company) over 2 years ago

Don't be hard on yourself Joe, you are doing a great service to the community.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 2 years ago


You can lead a horse to water . . . . but you can't force them to drink the water.

Your advise was right on point . . . . They made a decision not to listen.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 2 years ago