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New Build Bank Valuation .v. Developers stand off
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The developers have a sales meeting today and my property is on the Agenda. I expect them to come back and say that they will not reduce the sales cost.
I intend to repeat that the deal is £175k plus incentives so that I can have the 75% LTV rate, should I give them a deadline for Friday to accept, leave it open or say thanks but no thanks immediately?0 -
just had a call from the site sales lady from Persimmon, she tried the old good news bad news trick, She said they will not be reducing the price because the house is worth £185k but that Nationwide are reducing their interest rates tomorrow so I can get a better deal.
I've told her that unless the deal is exceptional I will not be proceeding as I am not willing to take a higher risk.
She even tried the old, other people are interested at £185k now even though its been empty for months.0
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