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Mortgage in Principple

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  • Viper_7
    Viper_7 Posts: 1,220 Forumite
    Burridge60 wrote: »
    Viper you mentioned a vendor that assumes that the home is on the market and that a buyer is offering?

    And how does the buyer know that you the vendor can move! Do you show them your AIP? Show them your savings to cover your Negative Equity?

    It is a two way street.

    Next time you buy are you going into your Estate Agent to have an AIP done to prove you can buy the house you have offered on? Or just to help the EA ensure you can afford more than you are offering?

    If you get two offers by all means try to make a value judgement but two buyers these days would be a wonderful extravagance!

    Vendors should not live in cloud cuckoo land, then they might have more interest!
  • Thanks for all the help everyone : )
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