Valuations Tas is an expert property valuer that has been offering valuations for over 20 years. We can’t offer mortgage security property valuations however we do offer current market valuations which you can use when you’re finalising your mortgage.
Your lender requires a valuation before they can offer unconditional mortgage approval because they want to know that they could recover the funds lent if the buyer defaulted on the mortgage. In order to verify that the funds could be recovered, the bank requires a mortgage security valuation. They generally employ their own property valuer for the mortgage security valuation. The valuation is likely to come in under the true market value because bank valuations are typically on the conservative side. If the valuation affects the LVR then the bank won’t lend you as much and you will either need to source the remaining funds elsewhere or you won’t be able to purchase the property.
Why you should get an independent valuation
An independent property valuation from Valuations Tas will be completed at the current market value and will give you all the information you need to either negotiate the terms of your mortgage or to revise your property offer if the amount the bank will lend you has been reduced. Valuations Tas can help with a current market valuation which will take into consideration the current market conditions, the property’s condition and the current economic conditions.
Why choose Valuations Tas?
Valuations Tas has operated in the valuations industry for over 20 years and only employers property valuers that have attained the necessary industry qualifications and at least 20 years of property valuation experience. You can be confident that any valuation you receive from us is an accurate representation of the value of the property. Our valuations are professionally prepared and they can be shown to any lender when you are in the process of finalising your mortgage.
We’re available on (03) 6169 2559 and can answer any questions you have about a mortgage security property valuation or if you’re ready to, we can arrange an inspection time so you can find out the current market value of the property that you’re planning to buy.