Hi all,
I have made an offer on some land subject to finance approval and put down $2000 as deposit. It looks as though the finance may be declined as the LMI guys are not happy about the lands proximity to some power lines.
If the deal does not go through due to the LMI guys not being happy and me not getting finance, would my deposit be returned or is this non refundable? Not bought in Australia before as we only came recently.
Thanks for helping, this forum is such a good place to learn from.
Paul
I have made an offer on some land subject to finance approval and put down $2000 as deposit. It looks as though the finance may be declined as the LMI guys are not happy about the lands proximity to some power lines.
If the deal does not go through due to the LMI guys not being happy and me not getting finance, would my deposit be returned or is this non refundable? Not bought in Australia before as we only came recently.
Thanks for helping, this forum is such a good place to learn from.
Paul