If The Form 6 Is Signed, The Searches Are Completed, And Funds Flow Accordingly, But Additional VPA Is Later Required — Does This Trigger The Need To Reapply Or Extend The Funding With Our Pay Now/Pay Later Provider?
Yes. Any Top-Up Of VPA Beyond The Initial Approved Pay Now/Pay Later Request May Require An Extension Or New Funding Approval By The Vendor.
SearchX won't ask or need any more money though. Unlike traditional conveyancers and lawyers, we have some built in thresholds that allow us to absorb additional search costs if we need to – so no ugly experience for your vendor with SearchX asking them to pay an extra $262.50 for a search after they have already paid.