I have a two bed room apartment on the 12th level of Zest Apartments in Nelson St, Auckland. I need to raise $115K at the lowest possible rate on this property. Can anyone please help?
Any idea how much this apartment is worth in today's market.
Regards
Robert
Hi Robert,
Here are my suggestions.
Go to a broker … or I hear Kiwibank is offering 8.6% 3 years fixed.
Get an e – valuation from QV to give you an idea on the value.
Do some comps on what is selling in the apartment block in the last 6 -9 weeks.
Get 3 RE agents in to evaluate the property ( tell em you may be thinking of selling) – Get Comps off them to support thier claims to the sale … make sure they are within your complex that you are selling.
Put in an application and see if the lender requests a valuation.
Good luck.
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