Your Pre-Approval Might Be Lying to You | Episode 173

In this episode of the David and David on Real Estate podcast, hosts David Gorski and David Korman welcome Giovanni Barca from BMO Mortgages to reveal the truth behind pre-approvals and why so many deals fall apart before closing. They break down what it means to be pre-approved, how appraisals and rate holds work, and why some lenders are setting up buyers to fail. If you're buying a pre-construction property or navigating a challenging closing, this episode is essential listening.SUBSCRIBE TO THE PODCAST ► https://www.youtube.com/kormans🔗 Get a free consultation: https://linktr.ee/Kormans📖 Grab a Copy of My New Book: https://www.thebible3.com/✔ INSTAGRAM: https://www.instagram.com/kormansllp/✔ TIKTOK: https://www.tiktok.com/@kormansllp✔ TWITTER: https://www.twitter.com/kormansllp✔ FACEBOOK: https://www.facebook.com/kormansLLP✔ LINKEDIN: https://ca.linkedin.com/company/kormansllp