Hi everyone,
I'm looking at an off the plan IP purchase. Have spoken to the vendor and i might not be able to get a conditional on finance clause into the contract.
I'm curious on how the valuation process works - I've heard there are only a few companies that do it, regardless of which lender I go with?
I'm just wondering how many bites at the cherry I'd realistically have to get a valuation. Obviously if its way off then its not gonna matter, but my concern is a valutation comes back very slightly under - do I have options to get further vals dones - or is it more a 'one shot' deal?
I'm looking at an off the plan IP purchase. Have spoken to the vendor and i might not be able to get a conditional on finance clause into the contract.
I'm curious on how the valuation process works - I've heard there are only a few companies that do it, regardless of which lender I go with?
I'm just wondering how many bites at the cherry I'd realistically have to get a valuation. Obviously if its way off then its not gonna matter, but my concern is a valutation comes back very slightly under - do I have options to get further vals dones - or is it more a 'one shot' deal?