HOUSE BUYING a BUILDING SURVEY - Awful Surveyor reports - valuation report problems Rating Valuations
HOUSE BUYING a BUILDING SURVEY - Awful Surveyor reports - valuation report problems. video duration 16 Minute(s) 58 Second(s), published by sleekitwan on 21 04 2016 - 10:32:26.
SURVEYORS are considered professionals doing an important job
Maybe some are really good at what they do
The general experience of mine however, in 3 How to Challenge a Bank Valuation? When you apply for a home loan, most banks require property valuation by a professional valuer
In some cases, lenders .
First time buyer advice re mortgage surveys! Welcome to Mortgage Broker TV where we share our First Time Buyer Advice and be sure to SUBSCRIBE: Here i am explaining how it is important to use the present value and understand how to use it with the example from mortgage
This example will help you not Video to explain what a Rating Valuation is (also Government Valuation, Captial value etc) Adam Thompson is a Mortgage Broker living in Cambridge.
SURVEYORS are considered professionals doing an important job. Maybe some are really good at what they do. The general experience of mine however, in 3 different regions of the UK, is they are pretty awful at producing what a buyer might want.
Perhaps less awful at producing what a seller may want, a bit.
Three types of report:
- Basic crap report
- Inermediate, more detailed crap report
- Expensive, detailed crap report, top end stuff.
Buyer beware - caveat emptor - you take a keen interest yourself, the way their professional indemnity insurance is wired, no surveyor worth his or her salt would be caught out by someone actually being able to claim.
You will be advised to get specialist reports until the cows come home. Those specialist reports lead you by the nose into more spending, before anything would cover you in a purchase gone wrong!
It's another UK cartel, don't doubt it - take care, yourself is whom you can rely on, do the google work. Do the eye-work and the smell-work and the probing yourself, and ask people with similar properties in the area. Visit when you are NOT expected, walk around the property and area keeping your distance, especially at busy times of day.
We all want someone to lift the massive responsibility - I am afraid no-one can do that! You learn to be self-reliant when buying property, stuff other people do and say, is to be questioned as to it's value, always.
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