Have you found a property that you want to purchase, but are not sure what its true value is and what to offer?
If you do not know what the property’s true value is, then it is likely you are going to pay too much for it. You may not realise, but this can affect you in the short-term and long-term.
How Can We Help?
Aus Property Professionals are experts in the real estate industry, making offers and purchasing property day in and day out. We have access to industry leading resources and data that is not available to the general public. This allows us to provide you with a true market appraisal on the property you are looking to purchase, ensuring you do NOT over pay.
We will do all the due diligence for you and prepare a detailed report with real data, ensuring that your market appraisal is accurate. This will allow you to make an informed decision on what to offer for the property.
How Do We Determine ‘True Value’?
It’s not just as simple as finding a similar looking property that has recently sold in the same suburb. It may look the same from the outside but every property is unique and there are many other factors to consider that determine the true value of a property, such as:
- Features of the property
- Condition of the property
- Consideration of existing improvements
- Floor plan and functionality
- Land size & internal size
- Location & proximity to amenities
- Current market trends
- Average days on market
Having us on your side to provide you with an accurate market appraisal will benefit you in many ways, such as:
- Saving You Money
By knowing what the property’s true value is, you will be in a better position to negotiate a better price and not just pay what the agent is asking. This means more money in your pocket to spend on other things, such as new furniture for your place, perhaps some updates to the property or just go on a holiday.
- Saving You Time
When you have found your ideal property, it is important to act quickly and secure the deal before someone else does. You will need to have all the information in front of you, to make that informed decision on how much to offer and this could take you weeks to gather. As we do this daily and understand the different markets, we can provide you with an accurate market appraisal quickly so that you can submit your offer and not miss out on the opportunity to purchase the property.
- Increasing Your Cash Flow
By paying less for the property your mortgage repayments will be lower, naturally increasing your cash flow whether it is an investment property or your principal place of residence. Having a higher cash flow means that you can purchase your next property sooner or reduce the interest you pay on the loan.
- Creating Instant Equity
By knowing the property’s true value, you can secure the purchase for under market value which means you will create instant equity without having to wait for the natural growth of the market. This is the fastest way to create equity in your property and to move forward in building up a property portfolio. You can also use the equity from your property for anything else that you like.
- Improving Your Loan Serviceability
If you’re looking to build up a property portfolio or may need to refinance later down the track, then initially paying less for the property will help you get ahead. With less debt, you will have a higher borrowing capacity and with more equity in your property, you will be able to fund future purchases or renovations quicker and easier.