I don’t know about you, but I meet the spring time change with mixed emotions. Yes it’s the end of winter, and the start of nice weather, but I also lose an hour. I am acutely aware of just how precious time is, even a single hour. 

Jim Rohn said it best with his quote, “You can get more money, but you cannot get more time.”

As the spring market rolls in with the nice weather, timing is everything for investors and homeowners alike when it comes to finding, and making the right deals happen. 

Having a mortgage broker on your team can either make, or break a deal. 

Back in 2017 there was  massive media coverage on the bidding wars that were taking place in Toronto. Homes were going for outrageous “over asking” amounts. Everyone was trying to buy at the same time. What the media didn’t cover though, is how many of those homes actually closed. 

You see, a lot of those homes weren’t appraised at the same value that people were buying them for. Those folks came up short on the financing and couldn’t make the deals happen. This resulted in lost deposits, angry sellers, and even lawsuits. 

However, the most important thing that it cost those people was time. 

Whether they lost a couple of months, or a couple of years, they lost time that their investments could have been growing. 

That’s why it’s so important to have the right team around you when you’re looking to buy and invest. I’m willing to bet that most of those folks that couldn’t close their transactions weren’t working with a good mortgage broker. 

So how do you know if your broker is good?

That’s the topic of today’s podcast. This episode of “Investment Property Income” is all about what to look for in a really good broker, and some of the red flags to avoid.

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