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henrytc
Junior Member
United Kingdom
194 Posts |
 Posted - 02 July 2008 : 22:43:59
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Problems again we are showing £9,300 equity this was in januaray before the drop in house prices valuation done by an estate agent. OR said they will accept an offer, i put in £3,500 this was rejected as expected. But they have said they will look at something nearer the price or if i can prove house price as gone downthey will look at my offer again. i was considering going for a surveyor. any advice????? we was valued in jan at between 115,000 and 120,000 OR took this as 118,000.
Thanks
Tracey |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 02 July 2008 : 22:55:06
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Hi there
an estate agent will value the property for sale whereas a surveyor will value the property for mortgagability.
Suggested route is get an estate agent to value the property THEN pay for a valuation and let them know what the estate agent has valued it for. It is unlikely that he would value it at the same price.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
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henrytc
Junior Member
United Kingdom
194 Posts |
Posted - 02 July 2008 : 23:05:22
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Thank you for your advice.
Tracey |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 02 July 2008 : 23:12:35
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No problem -
I forgot to say that the surveyor would be LOWEr than the agent
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 04 July 2008 : 17:53:49
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Hi Tracey,
I personally wouldn't bother with an estate agent valuation as in the current market, they are pretty meaningless. I would suggest getting a surveyor's valuation.
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
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melanie_giles
Senior Member
1191 Posts |
Posted - 04 July 2008 : 23:17:03
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I agree - and ask for it based upon a forced sale rather than open market.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com |
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Topic |
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estate agent or surveyor
