We all know the story, we believe the house we want to purchase is worth XX amount of dollars, but how do we know the bank will value it at the same amount and give us the loan we need? Steve Hogarty is back again to explain.
Property News & Insights.
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Written by Matthew Lewison
Blindly accepting that prices will double every 7 to 10 years leads people to make grave mistakes with their investments. Nobody has a crystal ball that tells them the exact dollar value of a property 10 years from now, but that doesn’t mean that smart investors can’t establish reasonable grounds for predicting the direction and strength of market movements in the short to medium term.