How many times did you work with perfect, “pre-approved” buyers, showing them various purchase options for weeks, or even months, only to learn that the transaction will not close in the end?
With exception to rare “deals from Hell” (transactions that fall through due to factors outside of anyone’s control or even a wildest guessing) most transactions fail due to simple mistakes and errors that can be prevented by covering the basics and staying on top of the process from pre-approval until the closing.
This short series of articles aims to highlight some of the most common pitfalls that realtors, loan originators and customers repeatedly fall for, demonstrates how to overcome them, and ultimately shows how to increase the closing rate.