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Thanks for your suggestions. I have put the hard word on the lenders and they have agreed to pay for another valuation, someone from their panel of lenders. I am in the process of getting a folder together of recent sales in the area. I have also heard that some valuers dont even see the property instead they ask the real estate agent for a valuation and use that! Aren’t they lucky to get their money straight up!!
Hi all I really appreciate the replies. I have tried to use other lenders but they want all my properties before they will do anything. I guess I will have to fork out the money for gains in the long run. It always seems to be a one way street with these banks and I agree the banks with the most shopfronts dont necessarily give the best service! I wouldn’t mind some advice on good brokers out there either! Seems mine has a favourite lender!!!!!![biggrin]
Thankyou all so much for your input it’s much appreciated. I haven’t given up on my small town but I will certainly ask more questions and do more research. [cap]
Thanks for the advice Geo. Are you saying that in a smaller populated town the luxury to choose tennents may be limited?