Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Why Property Valuation is Important for Us

By Ariel Linford Subscribe to RSS | March 14th 2012 | Views:
loading
 
  



Property valuation is an important process that needs to be done before any kind of property sale or purchase. Every time when you buy or sell a real estate, it is important to find your property value. The basic purpose of property valuation is to find out exactly what is the value of your property. Also, many banks and lending firms mostly require it before a buyer can obtain a mortgage.

Valuation is the name of an “educated and trained opinion” on the value of the property. In many occasions this procedure helps the property owner in garnering the best selling price of his/her property. Let me explain, if you have a property in a commercial area or your property is suitable for commercial use then it will bring more profits if you offer your property to commercial property buyers as compare to residential buyers.

A property valuation officer is different from an, who normally check those things that need to be corrected, repaired or replaced. Property valuations officer also keep his/her eye on these things but only interested in raising the worth of your property.

A property valuer begins this procedure with an inspection of the interior and exterior of the home or building, also as driving through the nearby neighborhood. For homes inspection, residential property valuer look unpleasant living space, class of construction, site, design, the quantity of bedrooms and bathrooms, current state of the home and land, heating, landscaping, decks, framework, current renewals, services provided by the nearby neighborhood, are all measured by the property valuer.

Also a property valuer collect available data of your nearby real estate market which includes existing and past comparable sales, current offers for similar homes, and projected developments. Process and method of each property valuer is different from other. If you get five different assessments for your property then you will defiantly get five different opinions. Some points or suggestions may be similar but it depends on what you type of property valuations services you choose.

There are so many people present here who usually buy their property on a couple of times view. Normally, these types of views are pretty short and nearly always accompanied by a bright eyed real estate agent who is gushing with superlatives about the property.

Property valuation is an important procedure is an important thing for accurate and satisfied property sale. So, before buying any real estate you need to spend at least an hour on site - having a really good nosey at everything you can both inside and outside.

Property appraisals are helpful reports that will remain you from over-paying for a property. It might be happen that some appraisals will come in low; at that time you need to find out whether there is something missed or left by property valuer or not.

If you are living in Sydney of in any part of Australia, there are many experienced independent house valuers are available for Australian property valuations. Most appraisals range from $200 - $400 for a good report, others may offer you low rate of their services but you may not acquire as comprehensive report of your real estate valuation.

Ariel Linford - About Author:
Lorenzo cliff has been working as a professional writer since 2009. His writing includes many articles for blogs, websites like for Property valuation and many more. Keep in touch for well researched and interesting knowledge about residential property valuer , people counter and other products. Hopefully his writing will help you to help you in any field just as food for thought.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/real-estate-articles/why-property-valuation-is-important-for-us.htm

Related Real Estate Articles Subscribe to RSS

Letting agents can help find good property
Published by Matthew Watson on June 4th 2012 | Real Estate
The letting agents have a critical role to play with the rental property letting. For tenants they c...
 
How you can buy residential property on rent
Published by Glyn Jones on June 11th 2012 | Real Estate
Apartment buildings are more complex. Often, people are already living in the suites, and it simply ...
 
How to invest in property- by Ian Comnys
Published by Ian Comnys on March 20th 2012 | Real Estate
There are three key areas property investors should look at when finding the right location to inves...
 
Hire estate agents Marlow for smooth property deals
Published by Ricky Charles on January 4th 2012 | Real Estate
Many businesses have flourished and doomed but the real estate business has somehow managed to keep ...
 
How to find your perfect property
Published by Ramikenig on December 7th 2011 | Real Estate
With the Dubai property market experiencing a spike in sales prices over the last 3 months it is onc...
 
Port Washington NY real estate turns up as hot property destination
Published by Jack Smith on June 15th 2012 | Real Estate
When it comes to property one question that comes in mind is that how much that thing worth to you. ...
 
Letting agents and property to let
Published by Glyn Jones on December 6th 2011 | Real Estate
With the estate agents investing in the real estate market becomes really very easy. This allows you...
 
Strata property investment advantages
Published by Chris Whelan on December 27th 2011 | Real Estate
In almost every country strata management property investment is getting more popularity due to its ...
 
What a property Valuation Report Shows Us
Published by Ariel Linford on April 18th 2012 | Real Estate
Property valuation report is the best and easiest way to get a perfect and accurate value of your pr...
 
Reasons for hiring an expert real estate agent to invest in property
Published by Deepti on April 17th 2012 | Real Estate
Buying your dream home for the first time is an incredible learning experience. Today, with the help...
 
Know some facts before getting in contract for property buying
Published by John Mathews on July 20th 2012 | Real Estate
While you are looking to buy a home, there are certain things that you are to take into consideratio...
 
Things to consider before property foreclosure
Published by Matthew Watson on July 5th 2012 | Real Estate
When you are to mortgage your property there are certain things that you can do to enhance the overa...
 
Sell property on the internet
Published by Glyn Jones on April 23rd 2012 | Real Estate
Internet estate agents make it easier, faster and more convenient for property owners to sell their ...
 
Guarantee continuous income with sensible property investments
Published by Sophia Milller on December 13th 2011 | Real Estate
There are so many places where you can invest your money. Buying assets is the best thing to do when...
 
Seeing the huge growth in commercial property in Bangalore
Published by Prop Tiger on June 14th 2012 | Real Estate
Bangalore has been thought of as an IT/ITeS hub, rightly thus because the major demand for commercia...
 
Building a "Buy to let" property portfolio
Published by Jordan Beard on May 9th 2012 | Real Estate
Investing in a portfolio of rental properties in desirable areas throughout the UK is a sure fire wa...
 
Rental property- its difficult to find without estate agents
Published by Matthew Watson on April 16th 2012 | Real Estate
A proper research of the property market, its trends and different rents in different localities nee...
 
Looking to buy a commercial property in Gurgaon?
Published by Mike Nicholson on March 20th 2012 | Real Estate
Do you want to have your office at a prominent location where you can proudly invite your clients? D...
 
Tips on running a commercial property management firm
Published by Carolmoore on March 1st 2012 | Real Estate
Owning property can make you set for life. Considering the high prices of land, owning a piece can b...
 
Want a sound investment advice? Opt for property investment
Published by Sophia Milller on December 13th 2011 | Real Estate
There are people that earn their living only through rents received from their properties. When the ...