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Mortgage Offer
Batchy
Posts: 1,632 Forumite
Just wanted to post about my joy of getting a mortgage offer.
I say the joy of a mortgage offer as the house we are buying, the seller hasn't found a house yet.
Not sure what to do now, I have 12 days left to accept mortgage offer, then about 6 months to complete.
My buyer wants in very soon, so not sure how deep to go with this else I lose non refundable fee's once I accept.
We really like this house, don't want to lose it, but also don't want to lose our buyers either, as they offered a nice price.
I say the joy of a mortgage offer as the house we are buying, the seller hasn't found a house yet.
Not sure what to do now, I have 12 days left to accept mortgage offer, then about 6 months to complete.
My buyer wants in very soon, so not sure how deep to go with this else I lose non refundable fee's once I accept.
We really like this house, don't want to lose it, but also don't want to lose our buyers either, as they offered a nice price.
Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
0
Comments
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If you were my client I would have advised you not to spend anything on the purchase until the chain was fully formed.
If they are unable to find somewhere in the time available, or decide not to move, your expense is wasted.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
The chain was formed and she got gazumped, so the chain was then broken, she is 'Frantically' trying to find another property. I feel her pain as they are few and far between, I need to ask the question if she is going "chain free" and moving into familys accomodation or rented. As she is downsizing.Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0
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