From when is a financing confirmation considered "certain"?

  • Erstellt am 2019-10-03 01:33:52

Jean-Marc

2019-10-03 11:38:58
  • #1
It's a pity, but that's unfortunately how it is at the moment. Very often, those who go to the bank for the first time after the viewing have actually already lost out on highly sought-after properties. By the time their appointment takes place, the financial framework is defined, and all the necessary documents are available, someone else has long since secured the contract. Sometimes, it's just a matter of a few hours' head start. It doesn't really comfort you now, but with the next property, you'll be one step ahead.
 

Winniefred

2019-10-03 16:52:23
  • #2
That is extremely annoying. Next time you should definitely be well prepared. As has already been said; every hour counts when the property is in a sought-after location. We only got our bid back then because, thanks to our direct bank and good preparation, we were the first to submit the financing commitment including a viable renovation concept (yes, that was important to the seller). And because I really annoyed the agent.
 

Tassimat

2019-10-04 10:23:28
  • #3
Annoying when it fails because of buzzwords like "accompany" and "unrestricted." But there's nothing you can do about it, the seller can choose freely.

You could also go on the offensive and offer an extra €10,000 if you really want the object.
 

tomtom79

2019-10-04 14:30:57
  • #4
Well, the other one has probably already done that, which is why the unrestricted sentence was worth so much.
 
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