- What is an independent property valuation?
A valuer assesses the value of land, buildings, improvements and other factors that influence the value of your property, a process that usually involves an external and internal inspection of the property. Valuers are independent with no vested interest in the property they value. A valuation report is a legal document of the value of your property prepared for many different purposes:
I find it harder and harder to believe what I read in the Melbourne associated press, regarding what is happening within the current residential real estate market.
There seems to be over the last 4-6 weeks an upward dialogue to talk to the market up, to as usual create this market sense of a “boom” market, get in or you are going to miss out. ‘First home buyers’ can’t buy property because the investor market is buying anything and everything available, “the apartment market is booming”, get in as prices are moving in an upward trend.
As one of Melbourne Buyers Advocacy groups, the question is asked by our clients: how come and what are the benefits of being both a Licensed real estate agent acting as a buyers agent and a Certified Practising Valuer. Simply, we cover off an all bases as a buyers’ advocacy group.
Using a buyers’ agent to purchase real estate is becoming more widespread throughout Australia as investors and home buyers have come to appreciate the benefits they provide.
The first thing you should do when SMSF Direct Property is concerned is obtain the best professional real estate advice possible. Thereafter, make sure you get the best possible real estate advice. It’s not a typo; it’s the simple truth. If I had to report to someone today as to where most property sprukiers are hiding, it would be within the SMSF Direct Property area. The simple and obvious numbers are at least 1-2 in 10 Contracts of Sale either residential or commercial and in someway, are SMSF Direct Property transactions.
Lets face it, where there is a way to make an easy dollar in real estate, most sprukiers will be into that sector as soon as possible and no fanfare is required. Not only that, but when financial planners, developers, real estate agents and bankers know that this is a buoyant market, their attention is also sharpened.
The question is always asked: why would you waste your money getting a property valuation? There is no need, it’s not worth the paper it is written on.
The truth is, as a leading provider of property valuations within Melbourne, if you don’t get a property valuation, your transaction may fall below expectations desired results to not achieving all your KPI’s and if not your own, your lender’s KPI’S.