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 Concern - Mark up selling price in S&P

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wongsinyee
post Apr 4 2018, 11:14 PM

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there's no point in marking up the S&P price unless the market value for it is similar.

marking up is usually to get more loan.

house valued at 500k, max 90% loan is 450k. does not matter if the S&P price says it is 500k, or 1 mil

 

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