Conservative property valuations on the rise … $10 billion in venture capital … James Hardie investigation wake up call …People keep dropping old media … AWA flood continues …

Conservative property valuations on the rise

There are early signs that conservative property valuations are on the rise as lenders get nervous about defaulting borrowers and a slower economy around the corner.

The conservative property valuations are proving a nightmare for property investors. Investors, real estate agents and market observers say they are fed up with independent appraisals, which they say are regularly undervaluing property by as much as 20%.

Discrepancies between the figure property valuers insist is fair and the price the buyer agrees to pay is disastrous for purchasers that are reliant on lenders for funds.