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Old 31.10.2012, 10:34
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Sean Connery Sean Connery is offline
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Re: Bidding on a house. What is the trend?

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I think I could not get what you mean in your last sentence..
You will have one view of the market value of the property.

The bank has another one. They have little interest to go through a period trying to sell a house, showing people around, etc - should it be repossessed. So their valuation to cover the risk of the loan will be lower than the price of the house (that's my expectation).
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