Frequently Asked Questions
1. What is
covered in a valuation report?
2. Do you
need access to the property?
3. How long
does it take?
4. What if
the property is tenanted?
Answers:
1.
What is covered in a valuation report?
Location; land; details of all structural and
site improvements; comparable sales of recent market transactions; general comments on the
property and the market; any negative features noted; valuation and assessment.
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2. Do you need access to
the property?
All properties need to be inspected internally as well as externally,
except for Restricted Assessment, which involves an external inspection only. Restricted
Assessments are only available to financial institutions.
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3. How long does it take?
Inspection time varies depending on the size and type of the property.
Our Valuers will advise the expected duration of the inspection when making an appointment
time.
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4. What if the property is
tenanted?
If the property is tenanted we would need a contact name
and phone number of the managing agent, owner or tenants to arrange an appointment time.
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