Tip #5 is spot on. I would add that if you bring all of the info forward at the beginning of the loan process, you can have a plan of attack and possibly find ways around some issues. If the info comes to light later on, perhaps after a contract has been executed, often times it is unsalvageable thus wasting the time of the buyer, seller, & all other parties involved. Thanks Joe!
Thanks for the add-on Chris! Not just a waste of time, but very likely a loss of money as the buyer could well have had inspections done, appraisals, loan app fees, etc.
@@Manausa Precisely. The domino effect! It all can be avoided though by being forthright! Appreciate the interaction Joe! Always love to see youtubers interacting with their subscribers/viewers and providing them feedback. That, paired with the content, is what keeps us coming back for more. Thanks again Joe!
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Tip 11: Do not get divorced during the loan process.
Hah, that's great Kevin. I'll add it for future reference 😃
Sound Advice!
Tip #5 is spot on. I would add that if you bring all of the info forward at the beginning of the loan process, you can have a plan of attack and possibly find ways around some issues. If the info comes to light later on, perhaps after a contract has been executed, often times it is unsalvageable thus wasting the time of the buyer, seller, & all other parties involved. Thanks Joe!
Thanks for the add-on Chris! Not just a waste of time, but very likely a loss of money as the buyer could well have had inspections done, appraisals, loan app fees, etc.
@@Manausa Precisely. The domino effect! It all can be avoided though by being forthright! Appreciate the interaction Joe! Always love to see youtubers interacting with their subscribers/viewers and providing them feedback. That, paired with the content, is what keeps us coming back for more. Thanks again Joe!
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