A real world example
This is a story about good friends of mine who placed an offer on a home they loved some time ago. Their offer was $750,000, only subject to a short finance clause of three working days. They added a letter explaining that all the bank needed was a valuation. They also conveyed that they had a valuer organized for the next day should their offer be accepted. Their financial position was excellent, the agent was briefed (they really wanted the house) and there was enormous confidence the finance clause would confirm.
I personally had just sold a house the month before, four doors down for $751,000. It was in a similar condition and a similar size. According to my property smarts system, the house my friends were looking at was actually a larger floor area and larger piece of useable land.
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