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- The Airbnb I wanted in Melbourne almost slipped away because of financing delays.
The Airbnb I wanted in Melbourne almost slipped away because of financing delays.
Summary
The host is buying an Airbnb in Melbourne. The lender delayed everything to the last minute. The host negotiated a deal that settlement could happen in 4 months to get his finance sorted out. This was accepted, but if the host's finance is not sorted, he will lose his deposit. However, the host managed to agree a settlement extension of 2 weeks, giving him time to sort the finance. The host mentioned that someone else's finance fell through, allowing him to buy the property.
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