Valuation Appraisal without inspection?
- Thread starter Tone
- Start date
depends what you are after. most brokers or agents can provide a rd data automated valuation or a few lenders allow desktop valuations or modelled estimates which do not require an internal inspections. Can i ask what is the purpose of the report and why is an internal inspection not wanted?
Jon
Jon
Found a company that will do it without an inspection. All they need is $220 and a strata report.
Sounds legit?
No it does not.
I agree. However, if you have found a Certified Valuer who is willing to risk being sued and losing their registration by writing and signing a val with no inspection for a $220 fee all power to you!
First valuer i called from a simple google search did the val without an onsite inspection and put the property val figure into the report i requested.
Dodgy much?
Did you provide the valuer with the purpose of the valuation ie proper brief?
Why would a SD val require a complete internal inspection? Would only need a drive-by at the most as it is 'close enough'.
Provided the figure provided for SD isn't wildly inaccurate, there should be no repurcussions (sorry but I haven't read the API guidelines for several years).
Why would a SD val require a complete internal inspection? Would only need a drive-by at the most as it is 'close enough'.
Provided the figure provided for SD isn't wildly inaccurate, there should be no repurcussions (sorry but I haven't read the API guidelines for several years).
