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8th February 2006 | 13:26

#5 (permalink)

Daede1

Joined: Dec 2005

Posts: 87

Likes: 0

From: London

Good point, but if the bank is forcing a sale, then they dont really care what value has been assigned, they just want as much as possible, as quickly as possible.
Valuations only matter in calculating interests on debt accrued against assets.