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Answered in 5 minutes by:
10/14/2014
James D. Ford, Solicitor
Category: Australia Law
Satisfied Customers: 1,601
Experience: Lawyer | Founder & CEO at Blue Ocean Law Group
VerifiedCustomer:
Hi, just reading your query...
Customer:
Gunter, valuers can value properties at different values for different purposes... and be able to justify their differing valuations.
Customer:
Do you have a copy of the valuation performed by Opteon for the Council for rates purposes?
Customer:
When valuers perform valuations for banks they are more conservative, and can value the property on a mortgagee sale basis.
Customer:
Has your purchaser decided not to proceed with the purchase?
Customer:
Or are they trying to negotiate a cheaper price?
Customer:
The bot***** *****ne is that you have not been dishonest with regard to your sale price... as your sale price is very close to the actual sale prices of other properties recently sold within the complex...
Customer:
A Bank valuation is not a Market Valuation, they are two different valuations, and will produce different valuations.
Customer:
I meant to type... produce different valuation amounts.
Customer:
I await your feedback, before continuing further, kind regards, James.
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