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Valuation survey from a seller's perspective
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thebeard2002 wrote: »1. I have now managed to see a copy of the report. The bank - instructing the surveyor - wrote the wrong value at the top of the form (telling the surveyor that the bank needed to house to be worth 345k rather than 355k). The surveyor valued the house at 345k. They were never going to value the house at 355k under those circumstances. If the bank had written 355k on the form, it is reasonable to believe that the surveyor would have valued the house at 355k. It is also a reasonable expectation that if they were now re-instructed to view the property, they would find some reason to do so at 345k to protect their professional pride (I say "reasonable" - I haven't moved for 14 years so this is hearsay and supposition).
Oh dear.
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