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House valuation and OR
I have a 50% beneficial interest in a home and I have a RICS valuation which puts the house in negative equity due to condition, the Zoopla site has it worth much higher but obviously isn't aware of condition. The high Zoopla valuation is making the OR believe the house is worth a lot more than it is. What recourse is there? My ex partner and kids live in the house and she is concerned about a forced sale because the OR will not accepted the RICs valuation we have supplied.
Comments
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what is the difference in the valuations? what is wrong with the condition?
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I would ague that the RICS valuation carries more weight as it will (should) be specific in how the value was assessed.
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