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Q. What is the cost of valuing a property? A. The cost of valuing a property is dependant on the value range in which the property falls. (For example a $550,000.00 property will cost $1,100.00 Plus Vat. while a $1.4m property will cost $3,000.00 Plus Vat.) Please contact us for a free quote. Q. If my property was already valued in the past, what will it cost to get an updated report? A. A discount of approximately 30% off the current fee payable is given provided all of the following: 1. The previous report was done by this company. 2. The previous report was done for you personally. 3. The previous report was done within the last 3 years. However, if the previous report was done within the last 4 – 6 years the discount will then be approximately 15% off the current fee payable. Q. How long does it take to get a valuation report? A. Customarily your property will be inspected within 1 to 5 days of receiving your request (verbal, email or written). After inspection, your report will normally be ready in 4 to 5 working days. The above times apply to residential properties only. Q. How can I order a Valuation report and what documentation do I need? A. See valuation request. Q. Why would I need to have my property valued? A. For the following reasons: - Purchase - Mortgage/Refinance - Sale - Insurance - Stamp Duty - Balance Sheet - Statutory Requirements. Q. How should I choose a valuation firm? A. It is important that when arranging a valuation for a specific purpose, you ensure the Valuation Firm selected is approved by the ‘end-user’. G.A. Farrell & Associates Limited have qualified, professional valuers and are approved by all the major Mortgage Lending Institutions. Q. If the bank requires a Quantity Surveyor’s Report, can your company provide me with one? A. Yes we have a Quantity Surveyor available who is also a member of the Royal Institution of Chartered Surveyors (RICS). We can therefore provide you with both a Quantity Surveyor’s Report and a Valuation Report on your property. |
