Does anyone know how the propertys that are due for completion Feb/March are progressing
hi am due to close sale in beechpark leixlip soon but valuation has dropped to 310000 from 350000 and bank are offering less as the value has dropped any advice would be appreciated
Thats a huge drop in price....wow! Mine was valued at €340k this time last year, couldnt tell you what it is worth now but im guessing a lot less
Could you maybe renegotiate your clawback percentage at the very least? I know KCC dont have the higest one by any means but at least when house prices pick up eventually you will own more of it.
Good luck with it anyway
Hi Neil_Ireland
Have you been back onto your council to see will they reduce further? I spoke to DCC this morning and told them I'm 8k short of securing the mortgage...I was told they'd have a look and see what they could do. They even re-valued the property 3 weeks after my lenders valuation and came up with a valuation of 10k more!!!!! They know they've over-valued the properties by a long shot so it stands to reason they're asking price would be more.
We know they're in debt so why dont they just get rid of the properties for whatever they can get them for!!!!!
Yeah the Council don't want anythig to do with it, said it's up to me and the developer.
hey neil Weston, I am in the same boat, am getting a mid-terrace three bed house but value has dropped from 350 to 290 according to valuation, no way i can make up difference, how have you gone about trying to get it sorted...it is ready for snagging but how can i move forward if i have to find 40K to make it work which i cant
Get your solicitor to contact the estate agent/developers solicitor to ask for a reduction of purchase price, otherwise you can't go ahead. I've been waiting 4 weeks now and no news yet. Snag due on mine this week.
What number are you buying?