Re: Australia housing bubble
|
|
Will be borrowing but nowhere near 80%, so if there is a shortfall I should be ok.
The offer I received for my old place was way above what I would have taken, way above valuation of 3 different agents, and was a record for a 3-bed 2-bath for that suburb, so I was worried that sale would fall over as bank would not value that high...but they are so flat out and market so hot that it passed bank valuation as buyer's bank just did desktop valuation (apparently very common right now in Radelaide due to amount of properties changing hands).
|