Pre-purchase Valuations

Buying a house is a once in a lifetime thing for most of us. Newlyweds, a bachelor or a bachelorette are the category of people that often buy a property. Buying a property is very expensive, you cannot get your money back after you have bought the property, which is why it is very wise to check if the price represents market value.

You need an independent pre-purchase valuation before buying the property. It is extremely important to make the right decisions during this process. That is why you need to choose our property valuation service. We provide peace of mind with an accurate valuation with clear market prove to help our findings.

An Appraisal Is Necessary For:

  • Refinancing
  • Dispute resolution
  • Asset accounting and management
  • Drawing down on the equity of your property
  • Obtaining finance to purchase
  • A deceased estate
  • Property settlement

Why Get A Pre-Purchase Valuation For A Property?

The pre-purchase valuation is vitally important for every home purchaser or seller because it gives the correct estimate value of the property before purchase. It is important to carefully consider every aspect of a property before before you buy it since the value is dependent on several different things. You will gain an understanding of the property worth and whether there is an extra charge. Intelligent buying or selling is essential if you want to benefit. The pre-purchase valuation should be done by professionals. Before signing the purchase agreement you will need to ensure that you everything promised is included.

Regular home owners mostly invest in residential property. It is important to know the value of a property before you invest everything you have in it. Commercial property is usually of far greater value than residential. Several valuation stages are included in the pre-purchase property valuation. An inspection of the property will ensure you view all aspects of the property. Once a manual inspection has been carried out every detail of the property can be recorded, including the quality and size. All necessary repairs to the property will become evident upon inspection. Repair costs are not included in valuation costs, however an inspection will help with a repair estimate.

What We Take Into Consideration:

  • Will pay a visit to the property that you are interested in
  • Size of the land, and the building( if there is a building involved)
  • The construction of the building
  • Material of the construction(brick, fibro)
  • Other sales in the area
  • Particularities, does it contain a pool, off-street parking, garages etc.
  • Location of your property, neighbourhood.
  • The state of the existing residence
  • Inspect the building on pests.

If you don't want to find yourself in the position of paying more than the property is worth, or selling for less than your property is worth, an appraisal is required for both commercial and residential property before purchase. This will ensure that you can make the right decision about any investments. An important aspect for any buyer is price reasonability. Being sure of the property worth is the most essential benefit of the pre-purchase valuation. Profits will be less for a longer period of time if you do not have proper pre-evaluation.