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    Independent Valuation Issues

    Thanks Marty - that's very useful to know.
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    Independent Valuation Issues

    Yes - that's why. The lender is NAB. The valuer knew the finer details as he spoke to a number of agents in the area.
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    Independent Valuation Issues

    Update - so CBA risk refused to get a second valuation. Have gone to plan B via a broker. Quick question for the brokers on the forum - the bank (big 4) who we are now progressing forward with wants me to pay for the valuation as 'long form' is required. Will cost a couple of grand. Is it...
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    Independent Valuation Issues

    Thanks all - some very good tips here. LVR is below 80% (bank requires 75% as value >$3m), no cross-security etc. - just don't want to tie up an additional ~10% of my capital for no reason. The bank is ordering another valuation. I have 3 months to settle, so will let the process run...
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    Independent Valuation Issues

    Thanks Shahnin, that's very useful advice. I'm trying to get CBA to seek additional valuations now.
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    Independent Valuation Issues

    Long time reader, first time poster. Hoping for some advice/experiences in dealing with a bank valuation that has come back below the contracted price. Short story is I bought a place in Melbourne at public auction a few weeks ago. There were two bidders - a buyers advocate and me. We pushed...
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