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Uncles Money lend against the ‘resale price of an item, what is that?

April 26, 2017lend money price uncles

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Uncles Money lend against the ‘resale price of an item, what is that?

1 Answer

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The resale price it what we would expect to get for the item if it were to be sold today, at current market values, and not a replacement valuation that you would expect to get for insurance purposes.