We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that dates on the Forum are not currently showing correctly. Please bear with us while we get this fixed, and see Site feedback for updates.
Valuation Survey
shaz77_2
Posts: 1,881 Forumite
I believe this has to be completed before a house can be purchased, do these surveys advise of the value of the property and is it possible to pull out of a sale if the property is valued at less than the agreed price?
Thanks
Thanks
0
Comments
-
I believe this has to be completed before a house can be purchased[/quoute]A cash buyer doesn't have to have a survey, although would be advised to get one. All mortgage lenders will require a mortgage valuation to be carried out.
Yes.do these surveys advise of the value of the property
Yes, or you could renegotiate the sale price.and is it possible to pull out of a sale if the property is valued at less than the agreed price?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 348.4K Banking & Borrowing
- 252.1K Reduce Debt & Boost Income
- 452.4K Spending & Discounts
- 241K Work, Benefits & Business
- 617.3K Mortgages, Homes & Bills
- 175.7K Life & Family
- 254.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards