In this episode, Michelle explains the correlation between pre-approvals, bank valuations, and property price estimation tools. She also goes into depth about why you need to be cautious when making decisions before confirming the value of a property with your mortgage lender.
Here’s what you’ll learn from today’s episode:
- Pre-approval vs bank valuation
- Should you use a price estimation tool?
- How to interpret a price estimation tool
- How to deal with valuations during market fluctuations