Just had a phone call from my broker and the bank has come back saying the value of the house and land is $20,000 lower than what we are paying .
Most of it is the house that is short with the land being 4k and the rest the house.
This leaves us looking for that $20,000 to get the finance which of course I don’t have.
I’m in total panic stations now and am lost as what to do....
has this happened to anyone else?
Any advice much appreciated!
Cozmo