Realty Talk Vault: New build valuation challenges

We bring you another classic Realty Talk episode from the vault, which was originally published on June 1, 2021, but is still just as relevant today.

In recent times we have seen a raft of government stimulus packages like HomeBuilder increasing demand for new build homes which is pushing up prices.  If you’re borrowing money from the banks to fund the build, quite often what you have paid is more than the banks valuation.  Here is what you can do about it.

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