Hi All
Just a question about buying under value property?
Does this mean when you buy an under value property you are buying below the mediam house prices for that area?
regards
I might be wrong but i believe it means know the market surrounding the property and recognise a property that is asking less than similar properties in surrounding area.They may need to sell or it has a few easy fix problems that are making it sell for less.As far as buying under the medium house price. i believe that to be a good practise more than anything.
It means that the valuation is below the purchase price.
Hey Dr Spock,
Are you meaning to buy a bargain? If so I a believe that I would refer to an under value property as a property which the purchase price is less than the valuation. Therefore getting it cheaper than market price.
Cheers
ChrisXenia wrote:It means that the valuation is below the purchase price.Xenia,I think you mean the other way around.
Tools
Yes I do thanks!!!
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