Hi all. At the end of a 6 yr (nram) no i have to get house evaluation. Which company tends to valuate at a lower rate? Obviously i dont want there to be over 5%.
Thank you in advance
Get a local agent in and say you need to move so want a forced sale - they are usually lower. Have you checked property prices in your area?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Estate agents do tend to over value ( to give wriggle room in a sale) -- so tell them to value for a quick sale. If you are close to the trigger amount it might pay to get a paid for valuation (some IP's will allow this to come out of the IVA). £100 or so could save you 12 months payments !
When the valuer comes around, don't fall into the trap of tarting the place up for sale --- it needs to be run down !!! Point out defects and the lack of maintenance over the last 5 years.
You can get an initial idea yourself by comparing similar properties nearby, that have actually sold, on sites like Rightmove --- Look at the "sold prices" not the "for sale" prices.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Some firms will allow the cost of a valuation so avoid a 'free' one. Pay the valuer for their work and explain why you need the valuation and as Foggy says it could be money well spent.
