What is a property valuation and why is it important?

Buying a home is one of the biggest financial decisions of your lifetime and with so much at stake, it’s in your best interest to know every little detail about what you’re entering into.

A property valuation is an essential step in the loan application process. When you apply for your loan, the lender will send someone to determine the registered value of the property.

This number may differ from the actual price you pay. Because the valuation affects your LVR it’s imperative that if you don’t like the figure you’re given, you find another lender with a more favourable valuer.

We can help you find a lender that would suit best and answer any questions you might have about property valuation.

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