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AIB Valuation Report

  • 05-02-2014 2:50pm
    #1
    harpsman
    Registered Users, Registered Users 2 Posts: 1,619 ✭✭✭


    Anyone know if your surveyor can provide this or do you need to waste money on somebody else to pretend he knows the "value" of the property?


Comments

  • #2
    boxer.fan
    Registered Users, Registered Users 2 Posts: 748 ✭✭✭boxer.fan


    AIB will have a list of approved surveyors / valuers in your area. Cost should be in the region of €150.


  • #3
    roro2
    Registered Users, Registered Users 2 Posts: 412 ✭✭roro2


    It should be on their website too.


  • #4
    harpsman
    Registered Users, Registered Users 2 Posts: 1,619 ✭✭✭harpsman


    Thx guys-just got list;my man not on it!!

    Just think the bank should look after their own valuation if they want one


  • #5
    coylemj
    Registered Users, Registered Users 2 Posts: 25,622 ✭✭✭✭coylemj


    harpsman wrote: »
    Just think the bank should look after their own valuation if they want one

    It's always been an expense that the borrower has had to bear. Being allowed to cherry-pick your surveyor to provide a valuation to the bank would lead to a situation akin to the doctor who's a good man for a cert. - there would be a few surveyors in every town known for being a soft touch for a valuation to the client's specification but their valuations wouldn't be worth the paper they're written on.

    There are several areas where you are presented with a closed list of professionals, examples include medical checks for immigrant visas (e.g. US & Oz) as well as medical checks for a pilot's licence so there's nothing unique about banks forcing you to pick a name from a list.


  • #6
    harpsman
    Registered Users, Registered Users 2 Posts: 1,619 ✭✭✭harpsman


    coylemj wrote: »
    It's always been an expense that the borrower has had to bear. Being allowed to cherry-pick your surveyor to provide a valuation to the bank would lead to a situation akin to the doctor who's a good man for a cert. - there would be a few surveyors in every town known for being a soft touch for a valuation to the client's specification but their valuations wouldn't be worth the paper they're written on.

    There are several areas where you are presented with a closed list of professionals, examples include medical checks for immigrant visas (e.g. US & Oz) as well as medical checks for a pilot's licence so there's nothing unique about banks forcing you to pick a name from a list.
    Actually I didnt have to pay for valuation the last time i bought property.

    Theres a big difference between amedical check from a trained health care proffessional and a "valuation" of a property.

    Imagine the payin the same "expert" who told you your appartment was worth half a mil a few years ago to "value" your house-the ironing is delicious.


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