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No mortgage valuation 5 weeks after accepting offer
Comments
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Unlikely that a smart investor will be, but if the house is attractively priced why worry, another buyer will pop up soon?ic said:How do you know there hasn't been a valuation? Some are "desktop" and decided by a computer instead of somebody physically visiting the house. Do you know they need a mortgage and aren't buying with cash? An investor might be willing to forego a survey too.
As for calling your estate agent, I don't see the harm in weekly updates - at the end of the day, they'll earn thousands when your sale completes so should be working to see it through.0 -
The worry is that I'll lose the house I'm buying. Can't see them giving us another extensionCrashy_Time said:
Unlikely that a smart investor will be, but if the house is attractively priced why worry, another buyer will pop up soon?ic said:How do you know there hasn't been a valuation? Some are "desktop" and decided by a computer instead of somebody physically visiting the house. Do you know they need a mortgage and aren't buying with cash? An investor might be willing to forego a survey too.
As for calling your estate agent, I don't see the harm in weekly updates - at the end of the day, they'll earn thousands when your sale completes so should be working to see it through.0 -
My buyers mortgage offer came though today -big relief.
Ask your estate agent who the mortgage provider is, and to get an update on the application status. Your buyer should be getting regular updates on their application1
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