Definition :: One of the most important criteria for a lender is to know how much the property will realise if the loan has to be foreclosed and the property sold quickly. Hence a bank valuation will often come in a little lower than true market value, this value is what the bank will lend against..
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DAIS Investments Suite 1.04, 339 Military Road Cremorne NSW 2090 Ph +612 9908 8875 Fax +612 9908 7061