Hi Yada,
Here's a pro-active tip when getting valuations done on property for purchase or valuation purposes.
There's no point in getting any licensed valuer in to value your property as this person may or may not be on the approved list of valuers for your bank. Find out which valuers are on your banks panel and appoint one of those.
Tell them you want a valuation done of the property based on a Fair and Open Market Value. You will find it will come in alot different to a valuation done for lending purposes ( which is very conservative).
Take this valuation to your bank and show them that this is the valuation done on it. Then if they dont like it kindly remind them that it was done by one of their Approved License bank valuers and it therefore must be a realistic representive of the true market value of the property, isn't it?
Well, what more can they say??
Not only that, but more importantly it gives you a hardcopy valuation you can refer back to in time as your documented proof to the bank of past valuation in determination and support for future portfolio financing and purchasing.
Hope this helps.