When a property is put up for sale in this current market it never reaches it's valuation, how much on average does the sale price drop by?
Asked on Jun 6 2011, House Prices in Milton Keynes | Report content
Answers (1)
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The valuation done by the bank is to establish the market value of the property, So if you had a house on the market with a value of £92,000 to £95,000 then a realistic asking price would be £99,950. All buyers will offer on a property and the surveyor is there as a backup that you are not over paying for a property.
Answered on Jun 6 2011, Report content
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