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