House Valuations

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Shining

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Post by Shining » Wed Oct 10, 2007 6:26 pm
How they vary? Yesterday, valued at 190k, today 165k, this gets more confusing my the day! On advice going to get a third now and see where that one goes!
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

mish1953

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Post by mish1953 » Wed Oct 10, 2007 6:34 pm
The art of estate agentism..

Generally estate agents are after your money so they will say want you want to hear so they get the business.

Best way is to get a surveyor to do a proper evaluation - but you have to pay for that !
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zoe

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Post by zoe » Wed Oct 10, 2007 7:22 pm
Hi is thereanend
I also live near you (i think) between lincs/peterborough and i had the same problem!!!
I told them i was moving away for my work


Keep your chin up - everything happens for a reason!
View my blog http://zoes.blogs.iva.co.uk/
Last edited by zoe on Wed Oct 10, 2007 7:23 pm, edited 1 time in total.
 
 

Cybus

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Post by Cybus » Wed Oct 10, 2007 7:53 pm
If any properties in your locale have been sold recently, there's every possibility that the price the sale achieved will shown on this site-

http://www.nethouseprices.com/

It's worth a look if only to satisfy yourself that those woodentop estate agents are anywhere near the mark

Tell it like it is.
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mikebdomain

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Post by mikebdomain » Wed Oct 10, 2007 7:58 pm
The cheapest way to get a valuation that will be closest to the real thing is to contact a broker and ask them to carry out a desktop valuation, most are able to do this through Hometrack for a cost of approx. £25.00, much cheaper than a full valuation. To check against lenders criteria we always knock £10,000 off an estate agents valuation when a mortgage application is made.

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Last edited by mikebdomain on Wed Oct 10, 2007 7:58 pm, edited 1 time in total.
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Skippy

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Post by Skippy » Wed Oct 10, 2007 8:12 pm
The flat was valued at £170k, put on the market for £168k, dropped to £164.5k and sold for £157k, which seems to be about right for this area!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

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Soulgrowth

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Post by Soulgrowth » Wed Oct 10, 2007 8:43 pm
That's a useful guide Mike ... thanks

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Shining

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Post by Shining » Wed Oct 10, 2007 9:26 pm
Excellent guide, looks like it's possibly more near the 165,000 mark than the 190k mark as stated yesterday! Going to ring one more tomorrow though, they are all really obliging and leave by saying I'll pop that in writing for you, even though I've not asked for it! I would like to get a proper valuation so that we know where we stand in respect of iva or dmp. Possibility of remortgaging to reduce monthly payment rather than releasing equity as our salaries won't warrant a larger mortgage.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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