Mortgage Security Valuations

Although Vals VIC does not carry out property valuation reports for finance purposes, we believe our clients should be informed in all areas of property valuation and we take pride in giving reliable general advice.

Mortgage Security Valuations are undertaken to provide a current market value of a property to a bank or financial institution for security against a loan or mortgage. In most circumstances you will need a mortgage security valuation when purchasing a property or refinancing. Your lender will conduct mortgage security valuations on residential, commercial and industrial, and development properties throughout the Melbourne metropolitan and rural areas of Victoria with a valuer who is from their accredited panel.

It is important to note that bank valuers are notoriously conservative as they are working in favour of the bank’s interest. That is the main difference between a bank valuer and us, Vals VIC are a completely independent firm so a valuation report from us can be relied give a fair market value for a property as we have no conflict of interest.

Vals VIC is Melbourne’s largest firm. We comply with the Australian Property Institute’s guidelines providing accurate, comprehensive valuation reports. When booking a valuation report with us, you can expect one of our local Australian Property Institute registered valuers to inspect your property within 1 – 2 business days and your certified valuation report ready for release within 1 – 2 business days after the inspection for residential properties and within 3-4 business days for commercial or industrial properties.

We practice the highest level of customer service and produce accurate valuation reports that can be relied upon for any purpose, excluding mortgage security. All our valuers have a minimum of 20 years’ experience in the industry and are an excellent wealth of knowledge that you can reply on. To speak to one of our friendly staff members about your situation, please complete one of our online enquiry forms or call us on (03) 9020 1494.

We won’t be beaten on price or service!