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Good insights RV as to the process and mechanics. Anectdotally, I have known of a couple of recent examples where vals came back at approx 20 % below comparable sales. :eek: The figures used for CMA were settled, not just sales listed on REIV or The Age and the valuer would not accept the...

New rules A number of lenders are using the Valex System now which is a computerised valuation origination system. The lenders can pre-program their parameters (fire sale or whatever other criteria they deem suitable) and instructions to the valuers on what basis they wish the valuations to...