Hi to all the Sifus here,

I am just into venturing on my 2nd property for investment purposes. May I know how to get bank valuation as I need to know the banks valuation before obtaining the 90% loan. I need to make sure so that I can know that the buyer's asking price may not be too high. This way I will not pay too much from my own pocket

Can any1 enlighten me?

any banker can give u a verbal indication after checking with valuer. its free between

meaning i have to find banker before agreeing with seller 1st........ cos by paying 2% will lock in the period. then if failed by valuation, i will lose out.....

yup, just ask any banker. u need to check the value first

that true.. u need to know roughly the actual price of your purchase before handing any 2% etc..

the basic way is to look from the advertisement or calling the other agent to see the value to the house from that area..

detail valuation will come later (plus minus with the location of the exact house such road, no house infrnt of the house etc)

some agent put higher than actual market price (valued by the local authority) just to create hype in that particular area...

or if u got friend.. ask then to valued the house.. estimated figure..

share your property details here and im pretty sure the forumers can help.....