In this episode, Dave and Tom discuss: What the preapproval letter does (and what it doesn’t do). Having a cohesive team behind your purchase. Ways you can sabotage your own closing. Why communication is so important throughout the loan process. Key Takeaways: Communication is the key to everything in life, but especially in mortgages and closings. Stay in contact with your lender. Let them know as soon as you go under contract. Third party items (such as the inspection or appraisal) are important to get scheduled right away as that is outside the control of your lender. Do not rock the boat before you close. Communication, communication, communication. Keep the lines of communication open with your loan officer to make everything go as smoothly as possible. "The more you can be prepared upfront, the smoother and better the processes and the more coordinating on the back end." — Tom Merritt Connect with Tom Merritt: Website: https://summitfunding.net/ Professional Contact: https://summitfunding.net/sites/tmerritt Email: tmerritt@summitfunding.net Phone: 312-224-3821 LinkedIn: https://www.linkedin.com/in/tom-merritt-9068a42/ Facebook: https://www.facebook.com/summitfundingchi/?fref=ts Connect with Dave Nimick: Website: https://thenimickteam.com/ Email: dave@thenimickteam.com YouTube: https://www.youtube.com/channel/UC4WqeMs62CL3T5P-w6ncqbQ/videos LinkedIn: https://www.linkedin.com/in/davenimick/ Facebook: https://www.facebook.com/thenimickteam Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
In this episode, Dave and Tom discuss:
Key Takeaways:
"The more you can be prepared upfront, the smoother and better the processes and the more coordinating on the back end." — Tom Merritt
Connect with Tom Merritt:
Website: https://summitfunding.net/
Professional Contact: https://summitfunding.net/sites/tmerritt
Email: tmerritt@summitfunding.net
Phone: 312-224-3821
LinkedIn: https://www.linkedin.com/in/tom-merritt-9068a42/
Facebook: https://www.facebook.com/summitfundingchi/?fref=ts
Connect with Dave Nimick:
Website: https://thenimickteam.com/
Email: dave@thenimickteam.com
YouTube: https://www.youtube.com/channel/UC4WqeMs62CL3T5P-w6ncqbQ/videos
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.