ZLB replied to the topic Unhappy with Valuation – do we change lender? in the forum Finance 13 years, 7 months ago
Our broker told us to put down $500k but we only expected between $450-$480k. The valuation came in at $400k….. the average median sold price in our area is $585k for houses, and $410 for units.Houses of the same quality and standard, but on a smaller block (by at least 300m2), are selling for at least $450k.Does that sound right to you?Thanks…[Read more]