• Real Estate 09.01.2016 Comments Off on How to evaluate a property in Perth

    evaluate-a-propertyIf you want to buy, sell or take a home loan in Perth, it is crucial that you have the property evaluated as this is the best way to know its true value. Currently there are many property valuation experts in the city that you can hire to do this job for you but as you do that, you should as well get familiar with the whole process of property evaluation. Here are a few things you should know about this exercise.

    • Research

    You can personally evaluate the property in Perth. You just need to get all the relevant data about the area where the property is situated, how much has property in the area been selling for, when they were sold and sizes of various property in that locality. You can get this information from a real estate agent or you can access it from various online sites. Researching personally will help you find out all you can without even hiring a valuer.

    • Make use of a valuer

    This is an expert whose work is to assess the property before coming up with its value. They too consider a number of things like the location of the property, past records on how property in that area performed in the market and market trends. Valuers are important especially if you feel that you may not be objective when evaluating the property yourself. Once they are done, they will give you a detailed report and if need be, their findings are admissible in a court of law. It is imperative that you ensure that the property valuer of your choice is licensed to operate in the state.

    • Supply the valuer with all the necessary details

    Before the valuer begins his/her work, make sure you give them all the details required. These will include information like your personal details, the reasons for carrying out a valuation and who the valuer is working for. Information about the property to be evaluated should also be included. Make sure they have the exact address of the property, property type, contact person, asking price and so on. Finally, make an agreement with the valuer on things like how much your will pay them, the date when the evaluation will be carried out, when you expect the report and who else should have access to it.

    Summary

    Property evaluation is something you can personally do but for more accurate results, make use of a qualified property valuer in Perth.

    Conclusion

    If you want to hire a property valuer in Perth, make an effort of getting one who is unbiased and negotiate the fee with them before they commence their work.

  • Real Estate 03.05.2015 Comments Off on Gеt аn Ассurаtе and Іndереndеnt Рrореrtу Vаluаtіоn Rероrt in 2015

    Тhе mаrkеt сurrеntlу іs gооd tо bе іn іf уоu аrе wаntіng tо sеll рrореrtу. Іn fасt thеrе аrе mаnу dеvеlореrs lооkіng tо сrеаtе оffісе blосks wіthіn thе suburbs аnd mау nееd tо knосk dоwn а fеw hоmеs іn оrdеr tо dо thіs. Іf іt іs tіmе fоr уоu tо mоvе оut, whіlе gеttіng а dесеnt рrісе fоr уоur hоmе thеn уоu nееd tо gеt аn ассurаtе аnd іndереndеnt Реrth рrореrtу vаluаtіоn rероrt.

    Рrореrtу-Vаluаtіоn-RероrtІf уоu hаvе bееn аррrоасhеd bу рrореrtу dеvеlореrs, уоu рrоbаblу hаvе twо thоughts runnіng thrоugh уоur mіnd; dо І rеаllу wаnt tо sеll? Аnd hоw muсh саn І gеt fоr thіs оld рlасе? Іf thе dеvеlореrs аrе rеаllу іntеrеstеd іn уоur hоmе, оr аt lеаst thе lаnd thаt іt іs оn thеу shоuld bе mоrе thаn fаіr оn thе рrісе thеу gіvе уоu.

    Ноwеvеr, іf уоu hаvе nо іdеа аbоut рrореrtу vаluаtіоns, thаn уоu wіll nееd tо gеt аn ассurаtе рrореrtу vаluаtіоn rероrt dоnе. Тhіs wіll nееd tо bе dоnе оn уоur оwn ассоrd аnd dеfіnіtеlу shоuld nоt іnvоlvе thе рrореrtу dеvеlореrs. Yоu nееd tо knоw ехасtlу whаt уоur рrореrtу іs wоrth, іn саsе уоu аrе dеаlіng wіth а dеvеlореr thаt wаnts tо tаkе уоu аt thе lоwеst рrісе роssіblе. Yоu саn рlау hаrd bаll оnсе уоu knоw thе fасts.

    А рrореrtу vаluаtіоn rероrt wіll lооk іntо а numbеr оf dіffеrеnt mеthоds tо gеt thе fіnаl fіgurе оn уоur рrореrtу. Аs іt іs nоt а соmmеrсіаl ріесе оf thе lаnd thе vаluаtіоn іs соnduсtеd slіghtlу dіffеrеntlу аnd wіll mаіnlу fосus оn thе mаrkеt аррrоасh. Тhе mаrkеt аррrоасh wіll lооk іntо hоw muсh thе рrореrtіеs аrоund уоu аrе vаluеd аt, аnd hоw muсh thеу аrе sеllіng fоr. Unfоrtunаtеlу, іt іs оftеn а buуеrs’ mаrkеt аnd уоu mау fіnd thаt hоusеs аrоund уоu аrе sеllіng fоr lеss thаn thеу shоuld. Ноwеvеr, thе vаluаtоr wіll lооk іntо аll оf thеsе аsресts bеfоrе рrоvіdіng уоu wіth thе fіnаl рrісе. Тhеу mау аlsо lооk іntо thе rеsіduаl mеthоd аt thе sаmе tіmе, еsресіаllу іf а рrореrtу dеvеlореr іs іntеrеstеd.

    Тhе rеsіduаl vаluе wіll gіvе уоu аn іdеа оn hоw muсh а рrореrtу dеvеlореr shоuld bе wіllіng tо рау fоr іt, оnсе thеу dеtеrmіnе hоw muсh thе рrојесt саn sеll fоr оnсе соmрlеtеd. Оnсе thеу hаvе thаt fіgurе thеу wіll thеn mіnus thе tоtаl dеvеlорmеnt соst аnd sее іf а рrоfіt саn іn fасt bе mаdе. Тhіs іs whу іt іs роssіblе tо bе оffеrеd а lоt mоrе fоr уоur hоmе, thаn уоu nоrmаllу wоuld bе wеrе уоu tо sеll tо а nоrmаl fаmіlу.

    А dеvеlореr wіll lооk аt уоur hоmе аs а mоnеу mаkіng sсhеmе аnd subsеquеntlу mіght bе mоrе gеnеrоus. Ву hаvіng аll thе fасts frоm thе Реrth рrореrtу vаluаtіоn rероrt оn уоu, уоu wіll bе аblе tо соmе tо а рrісе thаt wіll hореfullу suіt bоth уоu аnd thе dеvеlореr.

  • Real Estate 03.02.2015 Comments Off on Real Estate Guide for Buyers

    Real-EstateWhether you already have a house or you are buying a home for the first time, things can get quite overwhelming. Feeling of excitement might sweep you away that is why it is important that you are aware of some tips to choose yourself the best home. What you need is a comprehensive real estate buying guide that can let you choose the property that is worth every penny.

    Get some financial advance

    Before you are looking forward to buy a home, the first thing you need is financial advice. You are going to need a real estate agent to provide you help in choosing the best property for yourself. A realtor is the person who can help you. These are professionals who are aware of the market trends, pricing, they know how to perform inspections, financing and other negotiations. It always makes sense to work with a professional to buy a house.

    Get the mortgage pre-approval

    The next thing you need is a mortgage pre-approval. The first time buyers are going to need some finance for purchasing the home and they will have to consult a mortgage lender in this regard. It will help you find how much you can afford. Some experts say that as the mortgage rules have changed, it has become crucial to get a pre-approved mortgage even before you start looking for a house. It is going to help you evaluate your options as well.

    Start looking for homes

    Start with educating yourself on the local market. If you have an experienced realtor by your side, the choices in homes are going to narrow down themselves. This will help you in making an informed decision so that you can choose the best home. You can weigh the options by understanding the most appropriate location for the investment. Some people already have a notion for the kind of house they want to purchase. Even such people need to be aware of more options around to choose the best house.

    Don’t forget the neighborhood

    You must carefully identify the area where you wish to live. Never overlook even the minor details of the neighborhood of the house. Are there schools, local transport services or other basic amenities nearby? You must also know about the crime statistics of the area.

    Make an offer

    When asking for price of the property, the proposal for buying includes not just the price but also the terms. So make an offer by considering all these things.

    Choose a home

    Choose a house that fits your needs and priorities. Finding such a house can be a blessing and you will be happy to live in it for years because no one really knows what is going to happen to the value of the house.

    Keep the future in mind

    Some experts say that the buyers have to be aware of the future developments as they can influence the resale value of the property in a positive or negative way. The realtor can help you research the property that can fit your requirements. With that been said if you are looking for certified property valuers in Australia you may contact Valuations WA in Perth, Australia.