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Old 30.04.2013, 22:18
BrianJW BrianJW is offline
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Re: Bank property Valuation vs Realtors valuation what's the difference?

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I also think it is negotiation ploy. When we have bought properties in the past (UK) the lender would send a valuer to the property - do you know if they do that here in Switzerland and would you know on what information they base their valuation?
The bank did not send a valuer to evaluate our property. They know how much it cost because they were the bank that held the mortgage for the previous owner. Based it on land size/ location, house sq m, upgrades etc Basically we gave them the same dosier we were given as a "selling tool" when we rented this house. ( we rented it and then bought the same house).

If you can`t get a bank to value the house at your original purchase price you have a pretty big problem. Sorry.
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