property over valuedgreenspun.com : 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 (john@tht2002.freeserve.co.uk), 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
-- Lee (repossession@bigfoot.com), October 30, 2001.