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Then the bank will pay for the valuation (if you have a professional package or something), and you can use that as leverage if the val comes in low.
Alex
I am abit confused as the leverage you mention here as if the valuation comes lower,wouldn't it be a disadvantage for us as the amount we can borrow is lesser ?
Y_ man,
Usually at the valuation , aren't we at the stage of having signed the contract where we cannot move our back and change the price offer ?
Thank you in advance