All Topics / Finance / Property Valuer & Mortgage Broker Needed

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  • Profile photo of kizzkizz
    Member
    @kizz
    Join Date: 2006
    Post Count: 3

    I live in Auckland and have a property in Burwood East (Melb) and wish to refinance. I would like a recommendation for a Property Valuer that will value on face value, not one that wants to know how much I want to borrow and value on that and an Independent Mortgage Broker (not self recommended).

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    One problem you will have is that it is bit like the chicken and the egg. There is no point in finding a Property Valuer that gives you the valuation you want only to find that the lender you decide to go through does not accept that valuer on his panel.

    You would better to find a lender that gives you the product and package you are after and that does charge for their valuations and see whether the value of your property comes in at what you are hoping.

    Richard Taylor
    Residential & Commercial Finance Broker
    **NODOC loans from 7.14%**
    Licensed Financial Planner
    http://www.yourstatefinance.com
    [email protected]
    Ph: 07-3720 1888

    Richard Taylor | Australia's leading private lender

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    You might as well just find the lender first and then do the valuation through the bank, otherwise they bank will not accept your valuation and you will be paying for 2.

    Terryw
    Discover Home Loans
    Parramatta
    [email protected]
    Sign up to my mailing list.
    Just send me a blank email, with “subscribe” in subject line.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of AlwayzLearninAlwayzLearnin
    Participant
    @alwayzlearnin
    Join Date: 2004
    Post Count: 39

    Give Alistair Perry at F.R. Perry & Associates a call. He is very good and can do what your after.

    Melb Tel: 03 9662 1999

    Profile photo of as41as41
    Participant
    @as41
    Join Date: 2005
    Post Count: 108

    Hi guys… help me to understnad this please…… I recently got my bank to do a valuation prior to refinancing for a reno…Problem is they never even went inside…..Now that the reno is done I thought I hsould get another valuation but my initial thoughts are… if they wont look inside to see the improvement… how can i get the new renovated property revalued….and forumites have told me that banks wont accept a professional valuation from a private compant or person/… ITS A REAL CATCH 22… how do the pros get around this?????????????PLease help me…..[inlove]

    Snowflake

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    Not sure about NZ, but with some lenders here, you can insist on a full valuation so they actually have to go inside.

    Terryw
    Discover Home Loans
    Parramatta
    [email protected]
    Sign up to my mailing list.
    Just send me a blank email, with “subscribe” in subject line.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 6 posts - 1 through 6 (of 6 total)

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