| Comment | Important detail: the mortgage will *usually* cover the home report value, but lenders will do their own check on the property before lending (i.e. checking local sale values, property history etc) so before putting an offer in, make sure you have your mortgage in principle confirmed against *that actual property*. You don't want to be in the situation where your offer is accepted but your lender finds an issue that means they'll only lend against e.g. 90% of the value or won't lend on that property at all. |
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