First of all, it is illegal to talk about high loans. According to the Valuation Law, anyone who makes a false valuation of a house may be investigated for responsibility, and if the case constitutes a crime, criminal responsibility shall be investigated according to law. Therefore, if you are found to use the method of high evaluation and high loan, you may be punished by law.
Secondly, even if high evaluation and high loan are not found, this method may still bring risks. If the bank finds that the evaluation price is too high when approving the loan, it may refuse the loan, or after the loan is issued, it finds that the evaluation price is too high and requires additional guarantee or early repayment. In addition, if the actual value of the house is lower than the assessed value, it may have an impact on the resale and mortgage of the house.
Generally speaking, buying a second-hand house should carefully consider using the method of high evaluation and high loan to avoid potential risks. It is suggested to objectively evaluate the market value of the house before buying a house to avoid unnecessary trouble.