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) … Read more
Despite a heightened, post-recessionary industry awareness, the number of poor pre-approvals in circulation surprises me. A sure indication of that must be the number of listing agents calling at the time of receiving an offer to confirm the validity of pre-qualification. Poor pre-approvals exist for a variety of reasons, including the obvious ones such as … Read more
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