←

Mission Control

1 – 3 Vounog Hill, Penyffordd, Chester, CH4 0EY ✎🗑
OverviewEnrichmentVendor ConceptAppraisalNegotiation
◠ NegotiationLIVE Execute your offer strategy and manage deal progression Awaiting Response
INITIAL OFFER
£286,122
TARGET CLOSE
£302,017
WALK AWAY
£317,913
LATEST COUNTER
No counter received
◉
VOICE NOTE LOGGEDMon, 17 Aug, 07:36
▶0:13
"so I've just spoken to the agent and the vendor lie to us they they actually have 350,000 pound mortgage on the property and they are about to be…"
◉
VOICE NOTE LOGGEDMon, 17 Aug, 08:02
▶0:26
"I spoke to the agent they've sent me the redemption figure which is verified and the bank is going to repossess in four weeks and what the…"
◉
VOICE NOTE LOGGEDTue, 25 Aug, 09:32
▶0:34
"so I spoke to the agent I put the offer in at that sort of the 280 to 285 mark, they came back straight away and said no they can't they can'…"
Reading your notes and regenerating guidance for the changed vendor position.
◎SUGGESTED NEXT MOVE
STRATEGY: REFURBISH AND TITLE SPLIT THE FLATS, THEN RETAIN THE COMMERCIAL INVESTMENT
POSITION: PRE OFFER PRICE TEST
Use established vendor evidence to test the commercial gap with a non binding indicative range.
Follow up by telephone for evidence of any lender approved discounted redemption or shortfall arrangement.
The £280,000 to £285,000 test was rejected and the reported secured debt may exceed the appraisal ceiling. No later evidence confirms lender flexibility, so this remains the decisive feasibility test.
CONFIDENCE LEVELHigh (93%)
FRAMING SCRIPT
"I understand the conventional range won't clear the reported mortgage. Before discussing deferred equity, has the lender formally agreed any reduced redemption or shortfall arrangement?"
KEY QUESTION
Is the vendor prepared to engage within the appraisal backed indicative range?
⧉ Copy to clipboard
⚠ RISK SIGNAL
The secured debt may exceed the walk away price, making completion impossible without lender approved movement.