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  1. B

    Buy -> cosmetic Reno -> revalue

    OK, I won't be that honest next time the valuer comes around :P
  2. B

    Buy -> cosmetic Reno -> revalue

    Certified valuer, real estate agent will always try to tell you more to get business. Besides I dont want to sell any of the properties, just revalue and go from there. Does a real estate valuation influence a certified valuer though? I'm talking about really reasonable price range, ie bought...
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    Buy -> cosmetic Reno -> revalue

    True, I tried getting 3 valuation done last time and 2 of them done by same guy, so that was a bit annoying because I had to pay for it :(
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    Buy -> cosmetic Reno -> revalue

    Cheers might do this, I told the guy the exact amount last time just in case they asked for receipts but I guess they can't demand it.
  5. B

    Buy -> cosmetic Reno -> revalue

    Thanks for quick reply, when I did valuation for my ppor they asked me how much I spent on improvements and basically just increase the equity by the same amount. Should I refuse to tell the, how much was spent ? Time will definitely help but I want to revalue ASAP to recycle my money for...
  6. B

    Buy -> cosmetic Reno -> revalue

    Hi guys, Lets say you buy a property under market value, do a quick cosmetic renovation and revalue in short period of time (less than 6 months) to release equity. If the market hasn't moved in the short period, wouldn't the valuation come in as price you paid for + Reno costs, ie you haven't...
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