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Offer accepted, anything we're missing..? Bit paranoid!
GoldenShadow
Posts: 968 Forumite
Had only been to see one house which we didn't like, but long story short, we found one and within 12 hours OH had been to see it and we had an offer accepted straight off the bat. Had a bit of a palaver re talking to their (Independent) Financial Advisor, but they didn't seem to mess us around :eek:
Someone had an offer accepted a few weeks ago but basically it was 50:50 as to whether they'd get a mortgage so the vendors dropped them. I guess us being FTBs, not in rented ie. in a contract and ready to go is quite appealing. On Weds I gave the EA details of our Financial Advisor and Conveyancer. We have an appt on Weds with FA to provide all our paperwork and essentially do the application I think.
Went to see it today with OH and his Dad and looks good. Its an end of terrace and apparently the area is more prone to subsidence so we are preparing to stomach the cost of a full structural survey. Aside from that, I gather the mortgage company (providing they're prepared to lend) will want a valuation survey doing, and then its for the conveyancer to do all his searches/us to agree F&F etc, and we should be good to go..?
Is there anything major I'm missing, or does this sound about right? The vendors are happy to move in with family if their new place isn't ready when we want to go. They've been there over 20 years and are moving to be near the grandkids. The area isn't exactly picturesque so location is probably the biggest compromise but it isn't awful, I'm just not a townie. Plus, its by far better than the other areas that property comes up in more often.
Considering all the awful stories you read about I feel like I must be missing something or something awful might be about to happen. Trying to be positive but holding back a bit from my love for the house in case we get sent crashing down...
Someone had an offer accepted a few weeks ago but basically it was 50:50 as to whether they'd get a mortgage so the vendors dropped them. I guess us being FTBs, not in rented ie. in a contract and ready to go is quite appealing. On Weds I gave the EA details of our Financial Advisor and Conveyancer. We have an appt on Weds with FA to provide all our paperwork and essentially do the application I think.
Went to see it today with OH and his Dad and looks good. Its an end of terrace and apparently the area is more prone to subsidence so we are preparing to stomach the cost of a full structural survey. Aside from that, I gather the mortgage company (providing they're prepared to lend) will want a valuation survey doing, and then its for the conveyancer to do all his searches/us to agree F&F etc, and we should be good to go..?
Is there anything major I'm missing, or does this sound about right? The vendors are happy to move in with family if their new place isn't ready when we want to go. They've been there over 20 years and are moving to be near the grandkids. The area isn't exactly picturesque so location is probably the biggest compromise but it isn't awful, I'm just not a townie. Plus, its by far better than the other areas that property comes up in more often.
Considering all the awful stories you read about I feel like I must be missing something or something awful might be about to happen. Trying to be positive but holding back a bit from my love for the house in case we get sent crashing down...
0
Comments
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Borrow (free) a book from your local library on house buying.
It woll guide you through the process over the next few weeks/months.0 -
You should drive around at different times especially late at night in case there are yobbos etc
You should also look at a few more houses. Sometimes when house hunting, you get a feel for what you like and don't like and you know usually within 10 seconds that you like it0
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