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March 2018

Why get a property valuation?

The main purpose of obtaining a property valuation report is to gain a professional and unbiased analysis of a property’s current value in a competitive market, but it can yield much more information than just one final number.  Often, the report will include a list of maintenance issues which require attention and could even give suggestions of building improvements which would add value to the property. If it is a property that was purchased many years ago, updating the ratio of your equity in the property versus it’s assessed market value may allow you to renegotiate your financing terms in …

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