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2 hour inspection on house for mortgage value

dexterwolf
Posts: 360 Forumite

Been booked in for a 2 hour inspection on our house should we be concerned that they will try and devalue the price?
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Comments
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What indicates that they'll be a devaluation?
The time allowed suggests that it might a homebuyers report not simply a valuation.0 -
Who are "they" ? And I agree it cant possibly just be a valuation.
Obviously the buyers have booked a full monty survey which will raise a gazillion idiotic issues. Red mark, no electric safety certificate. Red mark, there may be Japanese knot weed in the patch beyond the end of the garden the surveyor couldn't see. Red mark, there may be asbestos on the artex ceiling covering ...etc.
Are these FTBers purchasing ?0 -
Is that not the window when they might arrive?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
The house is worth the money but I just stress that they will say it 10/15k less then what happens ?0
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You don't have many options; you could drop your price, or wait for a cash buyer who is prepared to pay the asking price.The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.0
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dexterwolf wrote: »The house is worth the money but I just stress that they will say it 10/15k less then what happens ?
Then it's a matter between you and your purchaser.0 -
dexterwolf wrote: »The house is worth the money but I just stress that they will say it 10/15k less then what happens ?
Then you might be wrong about it being worth the money. Do you have evidence that it is? What's 10/15k in percentage terms?0 -
10% is 14k0
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