
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
- Capital gains tax calculations
- Stamp duty calculations when transferring property ownership
- Estate/probate proceedings
- Rental determination
- Portfolio reviews
- Current or retrospective market value
Read more on different values for the same home and other posts on LinkedIn.