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01 Apr 2008 12:00 AM by pamingham Star rating in JARDIN 4. 96 forum posts Send private message

Hi There!

Has anyone had a bank valuation done yet for their mortgage application?

If so, has the valuation come out the same as the cost price or have they valued them higher - if so by what percentage?

Many thanks

Pam




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04 Jul 2008 2:57 PM by netball Star rating. 16 forum posts Send private message

The banks are being pretty cautious at the moment, CAM are certainly valuing at the purchase price, others are valueing slightly higher (but just to include the IVA in most cases).


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04 Aug 2008 7:45 PM by Paulinebryce0708 Star rating. 33 forum posts Send private message

The 'real' valuation is what people are prepared to pay and all the re-sales that are up for sale just now are well below the purchase price, one completed 2-bed is for sale at only €89000!

http://www.polarisworldpropertyresales.com/Properties/PropertyMenu_JARDINES.asp

Those who bought last year hoping to make a quick profit will be in for a bit of a shock.


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