Valuations are NOT a Good Indicator of a Property’s Worth!
Listen to Wealth Coffee Chats Podcast Now
Valuations are equal to risk assessment. It helps us with lending and borrowing. Tip: When you’re in the buying phase, you must at least get 3 valuations of the property you want to buy. Let’s Wealth Coffee Chat!
4:02 – $25 Billion going into Melbourne market from the National Government.
5:30 – Who is a valuation done for when you purchase a property?
6:29 – Valuations are done for risk assessment.
9:36 – Who can give you a realistic analysis of the real estate at present?
13:35 – What do we use valuations for as investors?
18:25 – In the buying phase, be prepared for 3 valuations.
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