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    Finding the fair value for a property

    The price of the property is $336,000 for 70 sqm area + 14 sqm garage, 2 bedroom, 1 bath, security building. I am putting about 24% (including the First Home Grant) of it and the bank approved the remaining 76% loan. I was wondering what is the usual area for a 2 bedroom unit, whether mine is...
  2. A

    Finding the fair value for a property

    Not sure what you mean.
  3. A

    Finding the fair value for a property

    Yes that's right. Well, the loan amount I got was the 76% of the total price. Should I be concerned about that?
  4. A

    Finding the fair value for a property

    We have decided to purchase a property and the loan has been approved by the bank too but we are still a bit unsure of the value of the property. The bank valued it at the exact loan amount. We are putting about 24% (including the First Home Grant) of the total price. The property is about...
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