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Sell property back to bank, Sell property back to bank
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lucifah
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Feb 25 2017, 04:20 PM
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St. Fu
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why not try to sell it at market asking price, rather than bank valuation or market price or whatever inflated price people keep peddling nowadays?
i think there will be opportunists around to grab a good deal from you, IF you priced it at the level they are asking
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lucifah
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Feb 25 2017, 06:25 PM
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St. Fu
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QUOTE(InfoCatcher @ Feb 25 2017, 05:26 PM) Hi lucifah, What do you means by market asking price? FYI, I have put the price 30% lower, not only bank valuation but bungalow transactions that being made in last couple of years in the same area. basically it's the price that your potential customer is willing to pay for example, a subsale property is listed at 1.6mil market price (based on previous sales), bank valuation is 1.4 mil, but even if you put at 1.1mil, still no taker since your willing buyer is looking at 900k. so u know where you have to price your property
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