By this i mean do different banks value propertys differently or are they the same with each one?Any advice appreciated.
2007-12-16 05:34:53 · 2 answers · asked by sarz 2 in Business & Finance ➔ Corporations
Must not be in the USA Surveyors measure property and use fixed points for boundries. Assesors detemine values. They can actually come up with different values depending on what factors they use to add or subtract from the value. They have some discretion on the weight they assign to such factors as proximity of schools, public transportation, shopping districts etc.
2007-12-16 05:45:35 · answer #1 · answered by Charles C 7 · 0⤊ 0⤋
Each surveyor has to back his report up with comparables, so he will spend some time researching properties sold in the area where he is valuing, talking to estate agents etc - so it isn't just a wild guess.
2007-12-16 05:39:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋