solicitor wrote me a letter saying that the valuer needs access again with regards to the bathroom and kitchen. The person im buying property off told her solicitor too write too me. I dont know why my mortgage broker told me it came out ok. I know too late too phone anyone now so i thought i would ask for you opinion. Yes there was something wrong with the bathroom, but the seller has now sorted this, but when surveying was carried out she told the surveyor she would sort this. What shall i do as im confused? obviously i`ll contact mortgage broker first thing, but i dont know who`s right and who`s wrong. I was told everything was ok we were even arranging building insurance as mortgage offer was accepted, and searches etc were carried out.
thank u
x
2007-03-08 07:41:00 · 6 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
I think the problem is you imagine you are dealing with an intelligent, professional person. No, you're dealing with someone who wants to sell you a mortgage, and neither knows nor cares about the state of the house you're buying.
Please don't worry too much about this, sounds as if the surveyor is being conscientious, and simply checking that the vendor has done the work she promised. This is in your interest, so it's good he's doing it.
You could ask the mortgage broker what s/he was talking about, but don't expect a sensible answer. Good Luck, it will probably all work out fine (usually does)
2007-03-12 06:56:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You have to remember that the mortgage broker is in it for profit only. The broker is making sure the loan goes through for hisprofit.
If the valuer needs to make sure all issues have been taken care of, then i think it's a good idea. This way it will be in writing and you can have that for proof.
Keep in mind, you have the option to back out at any time - even at the closing - you don't have to sign anything.
2007-03-08 08:18:43 · answer #2 · answered by Beeny 2 · 0⤊ 0⤋
do no longer attempt this. Being a landlord is a fingers on activity. Being a landlord out of the area is a nightmare. i assume you'd be utilizing VA personal loan, meaning you do not have any fairness (in truth you've a detrimental fairness because the VA funding fee is added to the loan. party. living house cost is one hundred,000, + funding fee of two,000 = a 102,000 loan on a one hundred,000 living house). Plus a broking service will fee you round 8-10% a month of the house. So in case your house income is 1000 a month, they fee you $80 to $one hundred a month.. And once you've a one hundred% loan, I promise you that your month-to-month loan fee will fee you larger then the house income you've coming in. PLUS you've the upkeep, house prices, damages, and broking service prices each month. you'll LOSE funds each month. do you want to attempt this for 30 years until eventually the living house is paid off? i could propose that you retain each dollar you may even as contained in the service. keep, keep keep and once you're out and get settled, you do not have any living house putting over your heads and a large nest egg to start up financial ruin 2 of your stay.
2016-12-05 10:25:28 · answer #3 · answered by ? 4 · 0⤊ 0⤋
It may be because the valuer needs to confirm the work has been carried out as promised.
That's all I can think of.
Good luck!
2007-03-08 07:44:59 · answer #4 · answered by RM 6 · 0⤊ 0⤋
sounds a bit disorganised - ask you solicitor to look into it. We need to know the situation really....what exactly is wrong with the bathroom, why do they need access?
2007-03-08 07:46:32 · answer #5 · answered by rose_merrick 7 · 0⤊ 0⤋
you make absolutely no sense
2007-03-08 09:21:20 · answer #6 · answered by Anonymous · 0⤊ 1⤋