property over valued

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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 (john@tht2002.freeserve.co.uk), October 29, 2001

Answers

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

-- Lee (repossession@bigfoot.com), October 30, 2001.


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