Adelaide Mortgage Security Valuation
If you need a mortgage security property valuation in Adelaide, Vals SA will be happy to help. We are the leading valuations firm in all South Australia, and we’ve helped many of our clients in securing a mortgage on their property.
For mortgage security, you will need a valuation conducted by a certified independent valuer so you can submit a fair market value to your bank or financial institution. As independent valuers, we provide mortgage valuations that are detailed, reliable and are free from any outside influence or self-serving interests.
When our valuers conduct a mortgage security valuation, they must examine the property thoroughly and consider over 200 factors that influence the value of the subject property. These factors include:
- The property’s location and distance from local amenities, such as shops, schools, and transport
- How it stands against its comparable properties in the current market and within the last 6 months
- Its general condition, any issues it may have, and whether it has had any recent high-quality renovations
- The size of its land usage and if there are any zoning restrictions
- Whether it has any extra features, such as solar panels, pool, or an outdoor kitchen
These factors, and many others, are then combined with comprehensive research of the current market, to calculate the property’s accurate detail. A mortgage valuation can be done for many reasons, often they are done when a client is considering the purchase of a new property or is currently refinancing. Vals SA tailors their reports to suit exactly your situation, and we offer a wide variety of valuations to suit many purposes. Two examples of valuations we can provide include:
- A pre-sale/pre-purchase valuation: this valuation is used for when you are considering buying or selling a specific property and you want to be fully informed on, its risks, benefits, and market value.
- Internal accounting valuation: this valuation is commonly used to get a full understanding of your current financial position, to know the value of all current assets and to be able to make well informed financial decisions.
Mortgage Security Valuation Adelaide
Vals SA is widely recognised as one of Adelaide’s leading valuation firms, having built our reputation by hiring only the most experienced and qualified professionals. Every valuer on our team is a Certified Practising Valuer (CPV) with over 20 years of industry experience, fully accredited by the Australian Property Institute (API) and registered with the Royal Institution of Chartered Surveyors (RICS) – with many also holding AVI qualifications. This rigorous standard guarantees that our clients receive world-class service and valuation reports that consistently meet or exceed industry standards and regulatory requirements.
As independent valuers, we do not have any affiliations with banks or financial institutions. Large institutions, such as Australia’s big 4 banks, may have their own valuer. This then ensures that bank valuations on a property are made to favour the interests of the bank. It is always best, for mortgage security to work in your favour, to seek out the services of an independent valuer and to not rely on a bank property valuation.
If you’d like to know more about our mortgage security valuations or other services, reach out to us via our contact form. If you’d prefer to speak with a member of our staff, call us on (08) 7009 4449.