The valuation of a property can make or break a real estate deal…
An unexpectedly low valuation could undermine the amount of lending you can get, requiring you to tip-in additional capital to complete the purchase. In some cases the valuer might identify issues that could mean a lender won’t accept the property as adequate security for a loan.
Property investors and home buyers can minimise these risks by understanding how a valuer assesses a residential property.
This month Luana Kenny from m3property will join us to discuss how a valuer goes about the process of valuing residential real estate. Luana will cover:
- The Valuation Process
- How a bank reads a valuation report
- Risk ratings and the valuation
- How a valuer analyses sales evidence
- Can a valuation be challenged?
- Valuing vacant land
- Where do Valuers think the market is heading? – Brief Market Overview
Luana is the Managing Director of Victoria specialising in residential development. In addition to her role as Managing Director, Luana is also responsible for the residential development team nationally.
Luana provides valuation and consultancy advice in respect of residential developments including high rise apartment developments, townhouse projects and land subdivisions including master planned estates. Luana has been involved in valuations for construction funding and providing advice to assist in acquisition and disposal purposes.
Over the course of her career Luana has worked across different regions including the Melbourne CBD and city fringe, outer growth areas and major regional cities of Victoria. Luana’s experience includes providing advice in respect of returned Statutory Assessments and identifying issues with land that impacts on the assessments and providing strategic advice in respect of acquisition and compensation matters.
Luana commenced her career in valuations when she joined m3property in 2001. Luana became qualified as a valuer and was admitted as an Associate of the Australian Property Institute in 2003. Following this she was in various roles before becoming a Director in July 2010, a National Director in 2017 and Managing Director in November 2019.
You are welcome to bring along friends or relatives who are interested in property investing – it is all about networking with like-minded people!
Please secure your place below:
Date: Tuesday 23rd August 2022
Venue: The Veneto Club, 191 Bulleen Rd, Bulleen
Time: 6:30pm registration for a 7:00pm start
Cost: $30 per head entry charge or $40 per couple.
To attend the meeting in person or online please book here
Come and experience our ‘Focused’ Networking
For those attending the meeting in person we will be doing some ‘Focused’ Networking ….
After the presentation we will have a focused round circle networking session where you will get to meet active property investors, renovators, developers and potential joint venture partners.
This approach makes networking fun and also helps you zero in and identify potential investing partners.
You will need to come along to experience it!
A Few Important Notes
1. Bring Your Pads, Pens, iPad but don’t forget to take notes. When you come to the Property Meeting, please bring something to take notes – you don’t want to miss a thing and we’ll be sharing very valuable information on the night!
2. Next Bulleen Meeting – 20th September 2022
3. Can I bring someone else along?
Yes, anyone who is interested in property investing, renovating, developing is welcome to come along.
4. What are you selling?
Nothing, these events are all about learning and networking with like-minded people
5. How do I contact the organiser?
The best way to contact the organiser is via email firstname.lastname@example.org, and make sure you put your name, phone number, and question in the email.
I look forward to seeing you there!