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What is a Valuation Report?

By madhu on September 6, 2017
            A valuation report is a professional and legal assessment of the value of your property prepared for many different purposes. #Mortgage #Valuation #homebuyer #homeloan Here are the most common reasons: Mortgage/refinancing Before-You- Sell: price/reserve setting Before-You- Buy: to ensure you buy good value Insurance replacement cost Divorce or business dissolution […]

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A valuation report is a professional and legal assessment of the value of your property prepared for many different purposes. #Mortgage #Valuation #homebuyer #homeloan

Here are the most common reasons:

  1. Mortgage/refinancing
  2. Before-You- Sell: price/reserve setting
  3. Before-You- Buy: to ensure you buy good value
  4. Insurance replacement cost
  5. Divorce or business dissolution
  6. Capital gains tax calculations
  7. Stamp duty calculations when transferring property ownership
  8. Estate/probate proceedings
  9. Rental determination
  10. Portfolio reviews
  11. Current or retrospective market value

Read more on different values for the same home and other posts on LinkedIn.

Article written by madhu

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