Search results

More update - just been advised that the vendor's bank had to do valuation on the x-coll'd property as the one I am buying. I dont understand why tho, since it's not even a mortgagee sale.

I would expect vendors to know better, esp in Queensland where the buyer can sue for damages if not settled by agreed date. Another question tho - my loan docs were issued and signed just before Xmas, would they expire? I'm using CBA @ 80% lend

Sorry to piggy back on this post but Im having a similar situation, but in my case, settlement has already been delayed for 4 weeks. Not that I'm desperate to settle since it's an ip but it's annoying. Same reason - vendor x-coll'd and bank needs to do valuation on their other properties and...