Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Davitt:

Well, the valuer has to go out and look at the property and has to do up the valuation report. The person who is going to sell the property has to go out and look at the property and estimates what he thinks the property is going to make and then they have to market it, they have to view it, they have to sell it, they have to do the conditions to go with it and everything.