If I had a dollar for all the times I saw the banks miss deadlines, I’d probably be able to retire on a nice island somewhere. Unfortunately this isn’t the case, and missed deadlines only provide heartache and frustration.
Why am I telling you this? Well the banks are extremely slow… I’d say the tectonic plates are moving quicker than they are right now.. For example, a fully assessed preapproval with one major bank is taking 35 business days! Think of all the things you can do in that time!
This means that deciding to buy a property can’t be done on a whim right now. It’s not about waiting for the perfect property to come up, and then get your preapproval. Yes of course there are some super quick lenders (some can approve loans in a matter of 1 day or less!), but do you really want to be restricted based on a last minute decision?
My point is, if you want to buy a property this year and are serious, you need to move fast. Thankfully, we share the same sentiment. If you’re wanting to chat about getting started, send me an email, or book in a time here: Joel Wyld – Calendly Link
Happy House Hunting!
