In a few months I'll be requesting a desktop valuation from my lender (CBA) in order to extract equity after making a $10k lump sum repayment. I did this recently, but was conservative in my value estimation and am confident there's more untapped equity ($15-$25k, not including the $10k lump to be paid).
From my last experience, I simply estimate the value of my property, it's fed into the rpdata desktop val software and if my estimate is close enough to rpdata's estimate, the lend can proceed without anyone needing to go on site.
My question. Any way to know, or guess very closely what rpdata will estimate my place to be worth so I can "estimate" that amount and extract as much equity as possible without needing someone to get on site (which will cost me)?
(Alternatively, if anyone happens to be able to run these vals at no cost, I'm happy to PM the address in question)
Cheers.
From my last experience, I simply estimate the value of my property, it's fed into the rpdata desktop val software and if my estimate is close enough to rpdata's estimate, the lend can proceed without anyone needing to go on site.
My question. Any way to know, or guess very closely what rpdata will estimate my place to be worth so I can "estimate" that amount and extract as much equity as possible without needing someone to get on site (which will cost me)?
(Alternatively, if anyone happens to be able to run these vals at no cost, I'm happy to PM the address in question)
Cheers.