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.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Are they fishing?
maisiegirl
Posts: 48 Forumite
We have just put an offer in on a repossesion property and the estate agents have just phoned (twice) to check our financial position and asked the size of hte deposit we have.
I thought they might be fishing to see if we could afford more ( this site is making me paranoid
)
They said that because it was a corporate client they would go with whoever was in best position. I explained our sale/purchase history- short version our buyer is ready to exchange within 2 weeks or seller pulled out, and gave them our solicitors details.
So are they fishing for info or is it different with reposessions?
I thought they might be fishing to see if we could afford more ( this site is making me paranoid
They said that because it was a corporate client they would go with whoever was in best position. I explained our sale/purchase history- short version our buyer is ready to exchange within 2 weeks or seller pulled out, and gave them our solicitors details.
So are they fishing for info or is it different with reposessions?
0
Comments
-
Many of the companies we deal with when selling reposessed properties ask for proof of finance before they will accept any offers. The reposession company have a duty to obtain the best price, from the best buyer & will want to show they have done this. The agent is just doing his/her job & requesting the info their client has requested.0
-
Thanks, have let them know0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards