I think you have to draw the line somewhere. If you miss the deadline, you pay the consequences according to the terms of the contract that you agreed to and signed for!

Brilliant! Thank you for this. I appreciate the time you have taken to explain this to me. It all makes sense now.Cheers!

v8ghia wrote:
Welcome to the forum Hilly. Your loan cannot be unconditionally approved (formally approved) until you actually have a property, and of course you cannot have a property until you have signed a contract – otherwise it cannot proceed. Depending on the lender, unless you have an issue with the property valuation, this is no drama at…[Read more]

Thanks for your feedback. OK so if I sign a 'conditional' contract of sale, is this the actual document I would send to my lender, as well as the OSR to claim the FHOG providing the valuation and inspections come back satisfactory?Reason why I need to clarify this as it is my understanding the contract of sale needs to be officially modified ready…[Read more]