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Additional Details
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dave12welve | My landlord asked if i would be interested in buying the home im in. she wants 170000. how do i get my own pri |
Additional Details
how do i get my own valuation? im sure its not worth 170000.
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matt g
 |
If you do decide to buy the house. As part of the house buying process, the lender would insist that you had a valuation carried out on the propery. The lender will only lend you the value of the house. So, if it's not worth £170,000, that report will tell you.
The average cost for a vauation will be £450 ish.
Good luck.
p.s If you get an estate agent to have a look round, don't forget he is only an apraiser - not a valuer. Their respective valuations can be miles apart. |
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shih tzu lady
 |
Get a few estate agents in to value it! |
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amsterdam
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Get two Estate Agents round - you can say you own it - and ask them to value the property. Then take the median figure (the one in between)
If that feels dishonest, just pop into any local estate agents office, tell them which road it's on and they can give a reasonable estimate without even seeing it - after all, it's all location, location and the other thing, isn't it ? |
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Al Zymer
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A survey would give you an accurate valuation, and highlight any defects. As a guide, you can use the websites below to find other sales in your area. Just enter a post code. |
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beverley.newman1@btinternet.com
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if you are in the uk just ask an estate agent for a free appraisal.Or you can go into rightmove.com,put in your post code and see what properties the same as yours are on the market for.A local property paper should also give you a good idea of similar house prices.All these are free and you might have some bargaining power as a sitting tenant,rent you have paid and any improvements you have made to the property at your own expense.good luck. |
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Harley Girl
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I would talk to a mortgage specialist. Probably one at the bank you do your banking at. Also, have an appraisal done on the house. It can cost anywhere from $200 to $500, but, it's worth it. Because the landlord may be asking too much for the house. And it's good to know if there are any problems that should be addressed before the sale. (Old furnace, water pipes, bearing walls etc). Make sure the house is worth it, if it is, then get pre-approved and away you go. If not, then you have to decide if you want the house or if you have room to renegotiate the price.
Good luck!! |
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chip2001
 |
(UK) - you can simply call in an estate agent to get a valuation. Pretend you're the owner, you won't have to prove it unless you actually tried to put it on the market.
Failing that, go on to www.rightmove.co.uk or the property section of Yahoo and you can look up the sale prices of other properties in the area |
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Puddinhead
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You should be able to look up the most recent tax assesment on the property at the county clerks office. It is public record so you have full access. Depending on where you live, you may actaully be able to look it up on the internet.
Also, several banks have things on thier websites where you can "find out what your home is worth"
bank of america does I know for sure. Look it up that way for a ballpark. |
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pamela g
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get a valuation of your own done first to verify the price she is quoting you.
go to a mortgage advisor for the best deals around and repayment figures.
good luck |
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mazziatplay
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Talke to friends and relatives and get a referral to an experienced mortgage banker. Make an appointment to go in and get pre-approved for your financing. Pre-approved, not pre-qualified. |
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