Kerreni replied to the topic Firesale Bank Valuations? in the forum No Subject 20 years, 12 months ago
I work for one of the major players in lending, and when we hire valuers to go out and value properties for us, they take a look at the property the market and what risks there is of the property price decreasing, along with how it compares to similar properties in the area.
Yes there have been some instances when the clients havent agreed with…[Read more]