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Property valuations are a key piece to the mortgage finance puzzle. A positive valuation can provide the option of transacting with less cash, and a negative valuation can be disastrous – either creating a shortfall in settlement funds, or preventing borrowers from being able to switch banks.
Over the years we’ve seen all sorts of valuation outcomes and we’ve tried negotiating with countless valuers on our clients’ behalf.
In today’s show we share some of our learnings, all with the hope of improving future outcomes for our listeners.
Enjoy the show!
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The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Nothing in the Long Property Show constitutes legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.