House and Property Valuation Perth
Buying, selling, renovating, or building a new home or property may be the largest financial commitment you make in your lifetime. Major Valuations can provide you with the advice you need to make an informed decision.
It might appear like still another extra cost, but a house valuation may be essential for an effective property purchase.
Helping both owners and buyers, valuing a property might help one to gauge the actual price of a home within an open and aggressive local housing market.
What is a House Valuation?
A house valuation is normally done on demand by you, or perhaps a credit company (such as a bank) who is is planning to fund the purchase of the property.
Typically made like an inspection report, a property valuation includes home related data – sizes and rates – actual details on the design and construction issues, reports regarding any immediate conditions.
Property Valuation:When do you need to get one ?
The most common time you will hear people discussing property valuations are when lending companies are financing a particular home – it’s a vital area of the home loan application process.
If something happens, the bank must be confident that it could recover any outstanding amount owned if it had to re-sell it.
The lending companies generally use their own selected favorite licensed property valuers.
Residential Pre-Purchase House Valuations
Have you found the right property but are concerned you’re about paying too much? Unsure of how much to offer?
An independent property valuation can prevent poor investment decisions and identify well-priced properties.
A pre-purchase property valuation is a small cost in the purchase process and may save you money by highlighting the hidden risks or benefits of a property.
If you want to read more about Property valuations, please visit this page http://www.realestate.com.au/blog/what-is-a-property-valuation/
Should you find yourself in any of these circumstances – CAPITAL GAINS, FAMILY COURT, SELF-MANAGED SUPER FUND REPORTING, PROBATE & ESTATE PLANNING, STAMP DUTY – then Major Valuations has the team with the expertise to advise and guide you through the often complex web to get the best result for you.
Market update as at 26th November 2014
Sales activity has been more subdued lately with listing growth also slowing. Overall sales fell 8% this week to 797 the lowest in four weeks. Top selling suburbs to week ending 26th November for north of river wer...
November 27, 2014
Perth market steady in August, but sales slump...
Current data from the Real Estate Institute of Western Australia released on 29th August, 2014, show no movement in Perth's median house price for August. REIWA president David Airey said the metropolitan median price...
September 10, 2014