Hi guy’s,
I’m the middle of divorce proceedings. What would be the best way to determine a properties value in 2011?
I noticed in some properties magazines they have residex info listed. Is there anywhere online that has this information for 2011 to 2015?
Kind regards,
Pete
You need this for a specific property or properties or for a suburb?
If for specific, you can engage a valuer, they’ll be able to provide the most accurate estimation 👍😎
Ethan Timor | Aligned Finance Pty Ltd
http://www.alignedfinance.com.au/
Email Me | Phone MeActive Investor & Broker; Based in Northern NSW, servicing Australia wide; Author of '34 Proven Ways to Maximise Your Borrowing Power' (download free from our website)
Property valuers can give you a valuation based on historical sales – so they would be the best bet to get an accurate gauge of the properties value at the time.
Hope you have a consent order in place/being put in place, we’ve been dealing with some particularly nasty scenarios where clients thought they’d ignore getting one and it’s going back to bite them – in one case they potentially be foreclosed on because of it.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
You might want to get a valuation each (ie. 2) as the one ordering it may benefit more than the other.
Also seek tax advice from a lawyer too as it may work out better not to transfer due to a break down of a relationship, because there are CGT and income tax disadvantages.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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