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I will say this . I have never bought a property in this country subject to finance. I have never sold a property that has been subject to finance. Valuers have never had in input on any of my property deals in this country in the manner in which you suggest. Valuations rarely ever...

Quite possible or the property could have had development potential. This week I valued a property for a potential purchaser hoping to put in an offer to the owners estate prior to it going on the market. I was valuing the property for the persons bank. They thought the property was worth...

Not always. Last week I valued a house in my patch that a colleague had valued in April 2010. He valued it at $910k, but it needed completion of renovations, both a cost and an effect on saleability, which I would have thought would have put the completed value at about $970k (based on his...

I agree with that sentiment

more likely some valuation firms have been blacklisted by banks for overvaluing off the plan properties.

well put by your developer friend