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House undervalued by HSBC

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Comments

  • dunstonh
    dunstonh Posts: 120,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I'm still reading it as a house purchase. Why else would estate agents be involved? I cant see anything in post #1 to suggest its remortgage. Is there a post I have missed or is there another thread?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • anniecave
    anniecave Posts: 2,476 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Indecision is the key to flexibility :)
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Dunston - they mention in an old post they're remo-ing in September.
  • dunstonh
    dunstonh Posts: 120,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    thank you. At least that explains why people on the thread thought it was a purchase and not a remortgage. Part of the info was on a different thread.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Regardless of that, people on here were saying that the higher valuations were wrong WITHOUT seeing the property.

    Not really in the spirit of MSE.

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    No, "the people on here" were pointing out the difference in valuations between the EAs (who weren't fronting up any dosh) and HSBC (who were). Entirely in the spirit of MSE (IMHO).
  • guppy
    guppy Posts: 1,084 Forumite
    Part of the Furniture Combo Breaker
    At least the EAs are basing their valuation on a house visit.

    Estate Agent's don't value properties, they just put a price on them.

    There's a difference :)
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