Archive for January, 2015

Tips for Selecting a Property Valuer

The following list details 10 helpful tips for selecting a property valuer.This list has been provided by Genworth Financial.  Scroll to the bottom for more about Genworth.

1. Conduct reference checks with other Lenders/Mortgage Insurers.
2. Check the valuation firm has adequate Professional Indemnity Insurance (and there are no unusual or restrictive conditions that could void the policy).
3. Review the company profile information (number of valuers and experience, background of directors/company, quality assurance processes, valuation systems used etc).
4. Ensure the property ...

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How to Think like a Property Valuer

How to Think like a Property Valuer

How to think like a Property Valuer.

Property valuation entails market analysis and comparison, combining a number of different methods and examining the relevant sales data.  Here, we’ve cut it down to the very basics, but for a more detailed explanation click here to download our free Property Valuation Toolkit.

1.  Do your research – This one’s important. Find out absolutely everything you can about the suburb the property is in. Property valuers are entering five or ...

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Before calling the Property Valuer, our Property Inspection Checklist will save you money

Before calling the Property Valuer, our Property Inspection Checklist will save you money

Believe it or not, it seems most Australians spend less than 62.5 minutes inspecting a property they intend to purchase.  A thorough inspection with our property inspection checklist will save you money on experts like property valuers.  Discard unsuitable properties before paying for the necessary property due diligence checks to be done, like ordering a property valuation.

A national survey commissioned by St. George Bank found the average Australian home buyer will inspect 12 properties before finally settling on a purchase.  However, once they ...

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