/——/ BREAKING NEWS It’s not a crime here either.The case of overvaluing real estate being a crime, only in America!!
I had a house to sell, valued £170k and would get more if done up. So I spruced it up and advertised it for £440k. Did I over value it? I accepted a £220k offer. Did the buyers mortgage provider undertake a valuation? I assume they did.
Now I'm f I said to the bank, "Can I have a secured loan, the house is worth £440k". So they just give me the loan without valuing the house, I pay it off. Was that a crime? Apparently only in America!!