Buying property - advice
Discussion
Hey nick. If you can that would be fantastic. Do you have my email?
One thing I noted was whether she has the right paperwork given the clause that you lose your deposit if the sale falls through. She has the mortgage agreement pre-approved. Is this sufficient? I've no idea how this works tbh.
One thing I noted was whether she has the right paperwork given the clause that you lose your deposit if the sale falls through. She has the mortgage agreement pre-approved. Is this sufficient? I've no idea how this works tbh.
did you get my PM nick?
latest is now that the bank has evaluated the value of the property below that of the agreed sale price so she has a shortfall in funds.
is there any way to challenge this valuation? the property was already circa %10 less than the next cheapest identical one on the market [of which there are plenty - large development] so i can't fathom how they've arrived at this figure [another 10% below the asking, 20% below market].
latest is now that the bank has evaluated the value of the property below that of the agreed sale price so she has a shortfall in funds.
is there any way to challenge this valuation? the property was already circa %10 less than the next cheapest identical one on the market [of which there are plenty - large development] so i can't fathom how they've arrived at this figure [another 10% below the asking, 20% below market].
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