Tuesday 5 July 2022

FVG Property Valuation and Advisory Services

 

It is an important step in real estate investing to have an idea of what your property is worth. You need to know if it's worth buying and selling or if you should hold off on selling the property.

There are several ways to get this information. You can use a real estate agent or broker who has access to the local market values. They may be able to give you a ballpark estimate but they will not be able to give you a precise number without more information about your property and neighborhood.

Another way is to do an online search for the property value in your area. This can include public records and other websites that track housing prices in your area. These websites sometimes have data from before 2010 so make sure it is up-to-date before using it as an estimate of current market value.


If you don't have any idea what your house is worth then it's time for a FVG Property valuation! FVG Property is a fully independent company that provides property valuation and advisory services to both companies and individuals. Our qualified staff can help you with any aspect of property valuation and advisory services. We are able to advise on the market value of any property, whether residential, commercial or industrial.

FVG Property is a company that provides professional property valuation and advisory services. We offer a wide range of valuation services from land valuation to building valuation and financial appraisal.


We have years' of experience in the property industry, and have assisted many clients with their property valuations. In addition to the standard land and building valuations, we also provide market value estimates for commercial properties, including shopping centres, restaurants and office buildings.

Our expert staff are trained in all aspects of property valuation, including commercial and residential real estate assessments as well as providing market value estimates for both houses and apartments.

If you need an accurate estimate of the market value of your property, please contact us today.

Thursday 27 January 2022

What is a Vendor Advocate? Why use one?

 


A vendor's advocate is the project manager for your property sale. A vendor's advocate will work with you to assess the value of your home, find a buyer and guide you through the process of selling your home. They will also be available for you, the homeowner, to answer any of your questions throughout the process.

A vendor's advocate may also be known as a listing agent or a "buyer's broker." The difference between a vendor's advocate and a listing agent or buyer's broker is that you have hired a vendor's advocate to sell your home. In contrast, a listing agent or buyer's broker is hired by the real estate agency to sell homes on behalf of their real estate company. In some cases, both the realtor and vendor's advocate can be involved in selling your home.

A vendor's advocate is an investor and/or developer who works directly with sellers and buyers to help them achieve their goals in real estate transactions.

A vendor's advocate can specialise in commercial, residential, or industrial properties. A vendor's advocate can also specialise in specific vertical markets like multifamily, senior care, healthcare, student housing and government facilities management/leasing.

Why would I use a vendor's advocate?

·        The Vendor Advocate is responsible for keeping things on track, staying in contact with the buyer's agent and your real estate agent, and presenting you with viable offers from prospective buyers.

·        A vendor's advocate is an independent and unbiased person who will represent your best interests. A vendor advocate is not employed by any real estate agency and does not have any direct interest in whether you choose to sell your home through them or another agency. A vendor's advocate is paid by you, the homeowner, and therefore works for you! They can provide an unbiased opinion on matters regarding the sale of your home.

·        They tell you what can be done with your home in terms of value, price, and repairs. They'll ask you to sign a listing agreement that states that they will be compensated only if you sell your home. In other words, they are not paid if they fail to sell it or if you change your mind about selling before the house sells.

·        You have ultimate authority over any decisions that must be made. However, since this is a business arrangement, you need to realise that the advocate has the experience and expertise to make suitable suggestions about what needs to be done with your property to get top dollar for it in today's market conditions.

·        The advocate can advise you of the pros and cons of any improvements that need to be done before putting your property on the market. Their advice will include how much it will cost, how long it may take to sell your home at a profit if you decide on particular improvements and what condition it will have to be in by the time of closing so that there are no surprises or delays in closing.

·        Telling your own story is crucial to selling a property. A vendor's advocate can help you tell your story in a way that clarifies your objectives and allows the buyer to visualise their own life in your home.

A Vendor Advocate is a good investment because they can be there for you every step of the way.

A good vendor advocate will know exactly what questions to ask at each step of the process and will negotiate on your behalf to get you the best deal possible.

They are an integral part of your team, and their job is to take any stress or worries off your plate so that you can focus on other vital things in your life while they handle the details of selling your home.

Friday 20 August 2021

What is the Home Loan Benefit for Medical Professionals?

 


The home loan benefits for medical professionals are unique and can be used as a tax benefit for the borrower as well as the spouse. The borrower can qualify for the home loan without meeting the basic income criteria.

Home ownership isn’t just a great investment, it’s also something that most people see as a necessity. In Australia, a majority of residents own their own home. However, medical professionals often have trouble saving up enough for the down payment and end up renting longer than they’d like to. This is because home loans often offer more perks than you might realize, and you need to learn how to use them to your advantage.

When you are a medical professional, there are many benefits to consider if you are planning to buy your own home.  You will want to consider the entire cost of your home and all of the things that go along with it.  When you are purchasing a home, you need to understand all of the costs and where your money will be coming from.

Qualifying for a mortgage in Australia can become very daunting if you have a low credit score or have less than 20% deposit. Medical professionals in Australia are given special consideration under the Australian home loan benefits for medical professionals. These allow you to buy a property with a lower deposit. You may be able to buy a property with as little as 5% deposit.

Here are the main home loan benefits for medical professionals:

·         Zero Down Payment Requirements

·         Borrow Up to 90% of the Purchase Price

·         Discounted Interest Rates

·         Fee waivers

·         Higher LVRs

·         Higher maximum borrowing amount

If you are in the medical industry and require expert Medical Property Valuation advice in Melbourne, FVG Property are specialists in assessing current market. Our dedicated team undertake valuations of a range of assets including residential aged care facilities, retirement villages, manufactured home estates, medical and Healthcare Property.

Saturday 14 August 2021

When is it necessary to hire a professional property valuation company?

 


They say that real estate is all about location. It's also all about value — and when it comes to appraising your property, it's essential to know when it's necessary to hire a professional property valuation company.

Property valuation services play a vital role for any company or individual working on buying or selling real estate. A professional property valuation company can help an owner get a fair and accurate value for their property. If you are planning to buy or sell a property, you will require the services of the best property valuation company.

Similarly, when you want to sell a property, you will need to get an accurate valuation. It's easy to value your property on your own, but it's essential to know that professional property valuers are unbiased and objective. When you are selling a property, you will be looking at more than just its value; you will also need to look at its condition.

Getting a professional valuation is necessary if you want to sell your property. A valuation is an opinion of what a property is worth, based on its present condition and future potential. It is not the same as an estimate. An estimate is only an opinion of what the work will cost, whereas a valuation is a more comprehensive study that considers all aspects of the property.

Following are a few scenarios where hiring a professional property valuer is necessary:

·         When you are new and naive

·         When investment property is located in another state

·         When investing in real estate is your part-time job

·         When you are investing in various properties

·         Qualified property valuers act as financial advisors when it comes to buying, selling, renting the property.

·         Property valuation by qualified valuers exhibits you the correct value of your property. As they are professionals, they are unbiased and calculate the property value by considering reality and current market conditions.

·         The property valuation report provided by the property valuer acts as a reference and proof that helps solve the issues related to the property matter.

To hire an expert property valuer, feel free to contact FVG Property at 03 9690 1112. We are a team of expert property valuers who are committed to working with you.

Saturday 24 July 2021

Tips to Remember While Investing in The Interstate

 



When we plan to invest in any property, the main thing that comes to our mind is it’s worth. The interstate has been one of the most popular options when it comes to real estate market. With the rising population of cities like Melbourne and many more, the need for a good infrastructure has been increasing day by day.

Investing in the interstate can be a good option for your future, but how can you manage it without losing a lot of money? The tips mentioned below can help you plan your investment and get a good ROI. If you follow them carefully, you can keep your money safe.

Property buying is a huge process and can be pretty intimidating for a lot of people. If you’re currently in the market to buy a property, you’ll want to make sure that you have all of your ducks in a row before heading down. By planning ahead, you can ensure that you get the right property at the right price, without wasting money on extras or overspending on the financing.

With the recent upward movement, the prices of the interstate have seen an increasing trend. When you do not find any good opportunity in your home state then finding an investment property in interstate is a commendable decision.

The interstate is the most stable way to invest in real estate but it is important to remember a few things while investing in it.

·         Know the area well

·         Look at the features of the property

·         The risk associated with it: Know about the area it comes under environmental risks or not.

·         Research well

·         Once you have finalised a property, read the contracts carefully

·         Take a home valuer on property inspection

For the best home valuation services in Melbourne, you can contact us at 03 9690 1112. At FVG Property we are a team of expert and qualified home valuers.

Friday 2 July 2021

Guide for home buyers: How to select the right home?

 


Are you planning to buy a new home? We’ve got some advice on how to ensure your process goes as smoothly as possible.

Buying a home is a big step. It can be one of the most important decisions you will ever make. The process is not always easy or clear-cut, but with a bit of preparation and know-how, you will be well on your way to finding the home that best suits your needs.

Buying a home is one of the most significant financial decisions you can make. It’s a complex and sometimes stressful process, but if you take time to learn about your options, plan, and make intelligent decisions, the right home can be yours.

Before buying a home, the steps you take can save you time and money and determine how smoothly the transition from renter to homeowner goes. Whether you are looking to buy your first home, upgrade to a bigger one or want to know what you should look for when buying a new home, this article can help.

Financial stability - Purchasing property in real estate demands financial stability. Good savings and availability of fund help you to make your buying decision easier.

Do your research well - You should research your end. For example, visit the property at different time zones and check the level of noise. Check if neighbours create any nuisance or not? If yes, you should not buy that property cause your peace is more important than that home.

Hire a property valuer - You can hire a property valuer for this; their valuable advice will help you make sensible decisions.

Contact FVG Property for the proper valuations, contact property valuers in Melbourne and enjoy the best valuation services and advice on buying or selling property.

Wednesday 23 June 2021

Right ways to find the real estate comparables

 


In the real estate industry, successful properties are those that have a competitive edge — a feature or characteristic that enables it to stand out. With the help of some good old-fashioned detective work, you can figure out what sets your property apart from the competition and build a solid sales proposition that will put you ahead of the pack.

The value of real estate assets substantially depends on its location. Therefore, to assess the value of a particular property, it is necessary to find out the real estate comparables.

As a real estate agent, we find out real estate comparables to give better guidance to our clients. But finding the real estate comparables is not an easy task. There is a lot of manual work involved.

Three smart ways to find the right comparable for your property:

1.    Market analysis: It is a tough and exhaustive process to find similar properties and find the right real estate comparable for evaluating the property price.

2.    Hiring the professionals:  Hiring the real estate property valuer or appraiser who knows all about the property market will save you time and money.

3.    Using online tools: Use online property calculators to find the comparables in the quickest way

Looking at the comparable sales is one of the areas where people get tripped up. If you are unable to do the comparables correctly, you will not have your house appraised correctly. Connect with FVG Property for the best home valuation services. We are a team of expert property valuers who are experienced and qualified property valuer. Feel free to contact us.

If you're an investor looking for a good deal then you should contact FVG Property to find Real Estate Comparables. We do a comparative analysis of appraising the value of an investment property, based on its physical condition, location and market conditions.