Search results

NAB will incur the cost - your broker needs to email their state manager to write it off.

Some lenders charge if the purchase price is over $2.5mil as the valuer charges them a higher price but several lenders do not pass this cost onto the customer. Which lender is this?

Is the purchase price $3mil or more? If its $3mil then CBA's max LVR is 80% but if its more than $3mil then max LVR is 75% unless you apply for an exception to policy (doable but you not a given). Also have plan B ready in case plan A fails.

Auction vals should generally come back the as the sale price. By recommendation is to order 2 more upfront valuations (make sure you use different valuers) and have a plan b/c. You can argue the val until you are blue in the face but its unlikely (statistically) for the valuer to increase...