A real estate agent’s appraisal and a property valuation from a certified valuer are both used for property assessments, although there are some crucial differences. Appraisals are informal inspections that establish an estimate of your property’s selling price. These are conducted by agents who require no formal valuation training. Their appraisals are subject to bias […]
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Most homeowners are either curious about the current market value of their home or need a report for an official purpose. Whatever the case may be, there are many ways to find out the value of your home. The best and most accurate way to find your property value is by having an independent valuation. […]
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Independent Property Valuation Property is a complicated business. The needs and conditions of the market change every day. The savvy investor has to keep up with this pace. As anyone with experience will tell you, it’s best not to go in it alone. What does this mean for the value of your investment then? Above […]
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What is a sworn valuation? You may have heard of an independent property valuation; well, a sworn valuation is essentially the same thing. Both refer to a rigorous process carried out by qualified professionals to determine the value of any given type of property. The process results in a legally certified valuation report.
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All valuations come with their own set of requirements. When writing up our valuation reports in Melbourne, in general, we follow the International Valuation Standards (IVS). Following these standards of a valuation report, it will include such details as: Purpose of the valuation: What is the exact reasoning for the valuation, for example, to prove […]
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Property valuation reports are detailed documents that provide the value of your property. This value is typically the current market value of the property. The report is made by a professional valuer which is not to be confused with a real estate agent. Unlike informal appraisals from realty agencies, a valuation can be used for […]
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There are many reasons you may require a property valuation, and the common factor in most of these cases is that it will help you make major decisions or changes related to your largest asset. As such, you may have some nerves regarding your valuation. A property is a very important asset, and thus any […]
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