Ensuring you get a favourable valuation
podcast

Ensuring you get a favourable valuation

Ensuring you get a favourable valuation

Charles Tarbey - Century 21

{{youtube id="-KaUaohQOc4"}}

Valuations are a critical part of the transaction because you need to get that figure for you to be able to borrow to the highest capacity that you need to borrow. To do that your homework is just as important as the valuer's. Take time to research through RP data or other sources and through your local real estate agents all transactions that've occurred in in the past or immediate past so that you can also present to the valuer that you have done your homework. I've always found that when I present to the valuer what I believe the value is and then I back it up with facts and statistics that the valuer is more likely to accept the contract price or the price that I'm looking for particularly if there is no contract and it's just a raw valuation that you're seeking to check on your asset or borrow against it.

 

Listen to other instalments of The Smart Property Investment Show:
Episode 105: New podcast: Investor reveals the opportunities for migrants in Australia
Episode 104: New podcast: Q&A session with Paul Glossop – more questions answered!
Episode 103: Special Episode: Phil and Munzurul talk steering the growth and development of portfolios by managing cash flow
Episode 102: Investor reveals how to find the perfect property manager
Episode 101: From 12 to 100 properties – how this investor will achieve his goals
Episode 100: Property investor talks research, teamwork and balance in his portfolio
Episode 99: Portfolio update: SPI opens its books to reveal all the nitty-gritty details
Episode 98: Buyer's agent forecasts what’s to come for Aussie property market
Episode 97: ‘How we achieved financial security through property’ – the Property Twins reveal all
Episode 96: Tips for tackling pest and building inspections head-on
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BERKELEY VALE 46.03%
2.
EDGECLIFF 45.06%
3.
PAMBULA 43%
4.
EAST LISMORE 41.38%
5.
SOLDIERS POINT 37.89%
Ensuring you get a favourable valuation
SPI logo