Land Market Price vs Land Guideline Value

Name: Land Market Price vs Land Guideline Value
Rating: 4.5 (7 reviews)

2021-08-17 13:45:47

Has anyone had experience with how banks (financing) assess the sometimes heavily outdated standard land values?

Our bank used the purchase price of the property (land available) for the financing. No BRW or market values were taken into account.

2021-08-17 13:46:47

. Maybe Boris Becker? :cool:

then I give up the search.. :D

2021-08-17 13:59:57

Our bank used the purchase price of the property for the financing (land available). No BRW or market values were taken into account.

Let me guess. The purchase price < BRW?

2021-08-17 14:47:45

Here in the municipality (outermost, southwestern Rhine-Main area) it looks roughly like this:

2021-08-17 16:15:30

Let me guess. The purchase price < BRW?

No, the purchase price was "back then" higher than BRW, but it should fit today.