dtraeger2k said:
Hi not a sheep,
Well done on the purchase. Hope theres a few more for you to come in the not too distant future.
Regarding the independent valuer, where did u find him/her and what did he charge you, if u dont mind me asking?
-Regards
Dave
Morning / Afternoon Dave.
Thank you for the congrats.
Re the Valuer, I work for a large bank and know the panel valuers we use in each state location.
The valuers helped me for free due to my position in the bank - Have to use any resources available right :0).
They may help as an initial research provider at a cost - however if you want their details I would want to chat with them first before giving out further info (professional courtesy).
We crunched through a number of area's for the 250K mark, taking into consideration growth history, surrounding suburb growth, local culture and came up with the suburbs that were suitable within a 10K radius of CBD (In my earlier post I stated Morley as 11km it is actually only 9km from CBD).
Then went to stage two and printed out a listing of all availble properties within suburb and focused on those that were in a good street & location.
The Perth Gregories was a great tool to save the pain of driving round to properties which were next to main roads, power stations etc.
My focus was Green title in lieu of units / villa's & townhouses.
After I selected the home and completed negotiations, had the valuer come out and perform a full Val on property for $200. I think they normally charge around $350.00
Also ensured that the I had the below clause in my contract
"This offer is subject to the buyer at his expense and within 48hrs of acceptance to have a valuation performed on the said property by a licensed valuer of the buyers choice and the valuation to be acceptable to the buyer"
- Therefore no risk of falling in to two tier marketing.
Ended up buying under market value by 10K - Woo Hoo.
Regards
NAS