Valuations for Mortgage Purposes

Abstract

Takes a practical look at what is expected of a mortgage valuation and the main problem areas when it comes to claims. Discusses the difference between valuation and survey. Concludes that if a surveyor (valuer) misses a defect because its signs are hidden that is a risk that his client must accept.

Citation

Moreton, P. (1991), "Valuations for Mortgage Purposes", Journal of Property Valuation and Investment, Vol. 9 No. 1, pp. 45-51. https://doi.org/10.1108/EUM0000000003297