Gio Thanks so much for the detailed explanation! Bank has asked for a second revaluation. Fingers crossed this time. We're ok to pay a little bit over but 100k is below the belt. I can't seem to fathom how it could be way off. We definitely haven't added anything unnecessary to the home that wouldn't add value. I understand that in a new area, it's hard to get comparable sales but surely you'd be taking current build costs and land value into consideration, how else do builders like Carlisle or Porter Davis reign in Craigieburn if all valuations came under by using just the comparable sales of the established side where prices don't move as fast at the cost of building and value of new land. I can't seem to comprehend that.

Gio Thanks so much for the detailed explanation! Bank has asked for a second revaluation. Fingers crossed this time. We're ok to pay a little bit over but 100k is below the belt. I can't seem to fathom how it could be way off. We definitely haven't added anything unnecessary to the home that wouldn't add value. I understand that in a new area, it's hard to get comparable sales but surely you'd be taking current build costs and land value into consideration, how else do builders like Carlisle or Porter Davis reign in Craigieburn if all valuations came under by using just the comparable sales of the established side where prices don't move as fast at the cost of building and value of new land. I can't seem to comprehend that.

Thanks Aston19 They say May and that they're fasttracking us through from Tender to Contract. So we'll see how we go! How far are you?

Thanks Aston19! They say May and that they're fasttracking us through from Tender to Contract. So we'll see how we go! How far are you?