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Response to VALUATION OF PROPERTY

from pendle (pendle@amun-ra.demon.co.uk)
As far as I am aware there is no statutory requirement for there to be two valuations on a property. But like when you claim on insurance, or buy a service (eg builder) its always best to have more than one quote. The lender may just be trying to cover themselves so that they can "prove" the market value of the property.
(posted 8513 days ago)

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