Am I about to get screwed over in regards to the house I'm buying, that's currently being renovated? The story: Moving to a new city (Hobart, Australia) for a job in about 7 weeks. We went there in January to look at houses, found one that was far superior to others, but that was currently having some minor renovations done; new carpets, some rendering on the external walls. We made an offer subject to finance being approved. Applied for a loan through a mortgage broker. Mortgage broker was incompetent, loan was denied. Applied for a loan through someone else, loan got conditional approval.

Am I about to get screwed over in regards to the house I'm buying, that's currently being renovated? The story: Moving to a new city (Hobart, Australia) for a job in about 7 weeks. We went there in January to look at houses, found one that was far superior to others, but that was currently having some minor renovations done; new carpets, some rendering on the external walls. We made an offer subject to finance being approved. Applied for a loan through a mortgage broker. Mortgage broker was incompetent, loan was denied. Applied for a loan through someone else, loan got conditional approval.