play2win, I am aware that CBA will revalue any residential property if you want an increase on your loan, if the valuation is more than 2 years old. Most residential owners will not be affected as they are not increasing, however investment properties will be revalued at the end of any fixed loan period, or if the investor wants to fix the loan at a rate...Its when an investor has multiple properties the potential losses accelerate for the bank, so they then will squeeze the investor for lenders insurance...more profit for the bank, and the investor has no choice...
profiteering on subjective prices...
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play2win, I am aware that CBA will revalue any residential...
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