Ep 9. How Property Price Estimation Tools Work

Michelle explains the correlation between pre-approvals, bank valuations, and property price estimation tools.

An episode of the Buy Your Side podcast, hosted by Michelle May, titled "Ep 9. How Property Price Estimation Tools Work" was published on October 7, 2021.

October 7, 2021 · Buy Your Side

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Summary

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

Episode Description

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

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