Hi all,
We are in the minefield of OB finance applications and I was wondering if someone can give me some hints?
As we have the 60% LVR issue (and due to very bad advice from our current BIg 4 bank ) we commenced our build prior to getting finance, we have financed it ourselves to Lock up. But it has dramatically reduced our finance options as we now have an "incomplete house" Anyway...
What I was hoping to find out was what things we can lodge to the valuer to get a Max valuation, as I have been told "End Market Valuations" are often so varied?
We have:
Plans
Permits
Time Frames
Budgets
Quotes
All specs (to show the high end finish/additions)
Also a resume of my husband's trade history
Plus
I have printed out a few homes for sale that are smaller / not as new that are on realestate.com that are on the market now for what we believe the value is?
I also did an RP data search of sold homes and printed the sold properties off realestate.com.au
Can anyone suggest anything else as we really are at the mercy of the valuation? And is it even worth presenting a case to them?
Thanks
[moved by Aaron & Erin to the Home Finance forum for more help - hopefully!]