Episode Details
Back to EpisodesEP. 1552 - VALUATION SAYS GO. THE MARKET SAYS NO
Season 53
Episode 1552
Published 2 months, 1 week ago
Description
💡Valuations: one of the most misunderstood parts of the property game.
✅ Banks use settled sales, not recent ones
✅ Valuers & agents don’t “negotiate”
✅ You can request another valuation (just don’t expect the first one to change!)
In fast-moving markets, this can make or break a deal — especially with off-the-plan or auction sales.
If your valuation falls short, talk to your broker early. And remember: the bank always lends against the lower of the contract price or the valuation.
#RealEstateTips #ValuationInsights #HomeBuyingJourney #PropertyAdvice #LoanTips #MarketEducation #NovakProperties #HomeLoanHelp