Valuation query

Hi,we are due to close soon and we are wondering if anybody has got an independent valuation on a three bed groun floor tilo ? Also has anyone managed to get a price reduction from corvera.

MrMicky

If one of the main vendors of resale properties is to be believed (and the market evidence supports this), about 30 - 40% less than the original contract price. 

However as a property is only worth what someone is prepared to pay for it, you also have to consider the fact that the resale market for Corvera may be dead for a considerable time as potential purchasers may well buy properties that have fallen by 30 - 40% on resorts that have been completed.

Mortgage valuations may well come in at reasonable levels but this isn't surprising considering 30% of the contract price has already been paid.

Forget about renegotiating the price.

as  a purcaser on roda phase 4 ( we all know the history of that !! )  judging by personal experiance you can forget any negociation with calidona it simply will not happen ,there view is they are right and everbody else is wrong .