Market Value, Forced Sale Value & Reserve Price

What you need to know? Some are confused with these terms and today let's look into the real meaning of these words. 1. Market Value 2. Forced Sale Value 3. Reserve Price 1. Market Value is the estimated amount for which a property should exchange on the date of valuation between a willing buyer [...]

By |2016-11-01T10:40:03+08:00October 4th, 2016|Glossary, Housing Loan, Latest Article/News|0 Comments

GLOSSARY

Acceptance Letter A letter from the applicant indicating his willingness to accept the loan after the loan is approved by the banking institution. Application Form A form used to apply for loan. Appraisal/valuation report A written analysis of the estimated value of real estate prepared by a licensed Valuer/Appraiser. Base Lending Rate (BLR) A minimum [...]

By |2016-11-01T10:40:22+08:00June 22nd, 2010|Glossary|0 Comments
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