CRISP Valuation Services

Viewing entries posted in January 2012

Are Valuer’s Conservative?

Posted by Stuart Cameron on 31 January 2012 | 0 Comments

Why do people perceive valuer’s as being very conservative? In short, if a valuer is valuing a property and the report is for mortgage security purposes, and the Bank ends taking a loss as a result of the borrower not performing his loan obligations, it appears the Bank’s first port of call is a forensic search of the original valuation report.

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