Ensuring you get a favourable valuation
podcast

Ensuring you get a favourable valuation

Ensuring you get a favourable valuation

Charles Tarbey - Century 21

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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.

 

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Episode 95: The top 10 things every investor should check before buying a property
Episode 94: BONUS EPISODE: From 1 to 28 properties – what's his secret?
Episode 93: 28 properties and an $11.5 million portfolio – how this investor did it
Episode 92: BONUS EPISODE: Investor reveals top tips for better property management
Episode 91: Why being 'pedantic' about property will enable this investor to be debt-free by 45
Episode 90: Portfolio update: SPI gives the inside scoop on its latest property purchase
Episode 89: Renovating as a couple: two young investors share their story
Episode 88: Everything you want to know about the short-term rental market revealed
Episode 87: BONUS EPISODE: Former Olympian shares his property development know-how
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Ensuring you get a favourable valuation
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