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Investment Market value higher than bank valuer, Need advise

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cranx
post Jan 20 2011, 01:48 PM

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it is almost a norm these days with the asking price way higher than valuation. which explains subsales going slower.

examples from my recent viewing.

asking RM480k, valuation RM400k
asking RM350k, valuation RM280k
asking RM260k, valuation RM210k
cranx
post Jan 20 2011, 02:00 PM

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value is depending on the market. if the sellers are all asking for high price and still selling like hot cakes, valuation will catch up.

 

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