re. "German lenders will offer approx 60% but each purchase and purchaser is based on merit".
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I found myself refused a loan last year because, though I had ample assets, none were located in the country. This was the basis of my previous post where I suggested that 60.000 euros would probably not get you very far unless you decide to go east. This said, I didn't explore all of the possibilities before throwing in the towel.
Also I have to agree with Goldberg, in his above post. It would be folly to sign on the basis of any advice given here. It has to feel 'right' and, if in doubt, I would always advise ... abstain. Reason? It is better to miss what would have been a good deal than to find yourself bogged down in a really bad one.
Cheers!
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