apartement evaluation from the bank

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ptroncin
Posts: 12
Joined: 07 Apr 2011 12:45

apartement evaluation from the bank

Post by ptroncin » 26 Feb 2013 22:35

Hello,

i have a question regarding an evaluation done by Emporiki bank. I have a mortgage with them for my apartment in Paralimni.
I have just received a brutto email telling me they have done an evaluation of my apartment on jan 25th (without telling me in advance) and now they want to force me to pay 114 Euros for this evaluation. As they perform this without my aproval.
I do not want to pay. How should i handle this?
best regards,

Patricia



Nigel Howarth
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Re: apartement evaluation from the bank

Post by Nigel Howarth » 27 Feb 2013 09:01

Hello Patricia

The first thing you need to do is look through your mortgage agreement to see if it mentions anything about the bank valuing the property at your expense.

If there is no mention of them valuing the property, I suggest you write to the bank rejecting their request.

Regards,


Nigel Howarth
Independent information & advice for Cyprus property buyers
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