Please Help: Bank Audit Query
Posted Date : 06-Apr-2015 , 04:25:23 pm | Posted By Dharmesh Sawant
Can property be valued for mortgaged within two month of sale deed
Category : Banking | Answers : 0 | Comments : 3 | Hits : 379
Answers:
Comments
SURESH KUMAR
06-Apr-2015 , 05:07:55 pmIt can be valued even after one day of sale deed. But most of the Banks having internal circulars regarding the value of the property to be considered is taht, less than 6 months property should be valued at sale deed value not as per Market value by the Valuation Certificate.
Vipul Jadhav
11-Apr-2015 , 11:23:24 amMost of the Banks have Internal Circular regards the property already taken as mortgage and as may circulars revaluation of the property is done after 6 months of the latest loan facility availed.
M. BHASKARA RAO & CO.
24-Jul-2015 , 03:38:29 pmIt can be done if there is change in either property values by Govt or change in Duty rates by Govt.-kkm