property over valued : LUSENET : Repossession : One Thread

i bought a property in 1996 to rent out. i am now trying to sell it . the valuation has come back 50% less than when purchased. i suspect the property was over valued. Can anyone help

-- paul hughes (, October 29, 2001


You need to speak to a qualified valuer/surveyor and a lawyer to establish which of the two values is likely to be closest and where any liability might lie.


-- Lee (, October 30, 2001.

Moderation questions? read the FAQ