Powered by MOMENTUM MEDIA

Ensuring you get a favourable valuation

By Reporter 28 March 2014 | 1 minute read

Charles Tarbey - Century 21

Ensuring you get a favourable valuation
Advertisement
Advertisement
>{{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.

 



Ensuring you get a favourable valuation
Ensuring you get a favourable valuation
spi logo

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.