4.8 • 2K Ratings
🗓️ 12 November 2024
⏱️ 9 minutes
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0:00.0 | Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob. |
0:06.7 | Welcome to Ask Rob and Rob. It's the show where we answer your property questions. And the show, |
0:11.7 | of course, starts with you. So we like to make it really simple for you to send your questions our way. |
0:16.2 | We do head over to property hub.net forward slash ask. That's property hub.com.com. |
0:22.1 | There, you can leave us a message. You can call us and leave a voicemail if you prefer. |
0:29.2 | Or if you want to write in with your question, we have our wonderful column in the Sunday Times, each and every Sunday in the home section. |
0:36.4 | So if you want to get your question in that way, |
0:38.0 | you can as well. So let's listen to our first question in from Shenton. Hi, Rob and Rob. This is Shenton. |
0:44.0 | I'm new to your channel and I just want to thank you for creating such great contents on the |
0:48.4 | broadcast. They are very educational and thoughtful Kim. I'm keen to hear your thoughts on enhancing the accuracy |
0:55.0 | of property valuation during due diligence, especially in the context of the current silent |
1:00.7 | crash in the market. I'm aware of resources like supla that can provide estimated value, |
1:06.2 | but I often find that the ranges are quite broad. I usually rely on the tactics of referencing |
1:11.8 | the selling and sold prices from nearby properties, but the data sets are frequently limited. |
1:17.6 | As a result, I sometimes struggle to determine the true value of a certain property, especially if we |
1:22.8 | need to take the revert cost into account. But this is critical as it has direct impacts on not just |
1:28.6 | the gain, but the mortgage as well. So my question is, what are your tips for conducting |
1:34.1 | a thorough due diligence to obtain a more precise value of a property, especially in areas |
1:40.8 | like Manchester, vegan and Liverpool? I look forward to hearing from you and thank you so much. |
1:46.9 | Thank you, Shenzhen. Great question. Let's give you some guidance. The great news is it's easier |
1:54.0 | than you think. There's no magic to this. It's just a common sense approach. But unless you've got |
2:00.6 | the confidence to know that's the |
... |
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