How do you do due diligence on a valuation to make sure it’s a genuine one?

We always ask for a Royal Institute Chartered Surveyors evaluation report and a comparable from the market to show the price achieved in the market against the surveyors report. Once this is known we can now be clear on our negotiation on price and know we have a genuine discount being offered. We ask how many have been sold to other investors because if the number is too high, on completion we will have to compete with other landlords marketing their properties to let. Smaller properties of under 14 units make the management company easier to manage and the service charges will be less for things like security and shared amenity maintenance.

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Experts in the property for investment, discounted, below market value and buy-to-let investment services.

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© 2019 Midas Property School is a trading name of the company Midas Property Shop Ltd company registered no: 06764446

Tel: 0844 357 9490
Midas Property School - 1b Cranbrook rd, Redland, Bristol, BS6 7BJ