Mortgage Valuation comes in HIGHER than purchase price

nrsql

>> I certainly have no room for bargaining power now.
Not true if you have a mortgage offer and are in a position to buy.

The valuation is just for the mortgage - doesn't mean that's what it will seel for. The developer would much rather take a deal now than risk being stuck with an empty property.

It's a bit odd as usually the valuation just says whether the property is worth what you say it is rather than the specific value (unless it's less).