It’s inevitable that parties will value a property differently. The value that matters is the one the bank is willing to loan against. And that value is usually a fraction of what they independently determine the market rate to be. You can tell the crime is BS because they would never charge a bank manager for miscalculating a property value resulting in a higher rate to the bank.
It’s inevitable that parties will value a property differently. The value that matters is the one the bank is willing to loan against. And that value is usually a fraction of what they independently determine the market rate to be. You can tell the crime is BS because they would never charge a bank manager for miscalculating a property value resulting in a higher rate to the bank.