If you are in the process of trying to sell your property and are not happy with the original valuation that it was given? Than you need to know how to raise a rating valuation objection. You need to know that you are selling your property at the correct price to have peace of mind.
There are many reasons why you may need to sell your property, you may have found a business opportunity elsewhere, or are struggling to make ends meet at your current location. Whatever your reason is for selling you want to make sure that you are getting the best possible price. Unfortunately, this may not be possible if you have not done a rating valuation or if the valuation that was conducted was done badly. If the latter is the case, then you have every right to raise a rating valuation objection. This can in fact be conducted quite easily all you need to do is fill in a form. A step by step form will guide you through the process and make sure that you understand exactly what information is required in the different fields. This process may vary from country to country, but in most cases you can fill in the form online from the convenience of your own office. Once the form has been processed the rating objection will hopefully be accepted and you can then get another valuation company in to provide you with a new valuation. This valuation will, hopefully, provide a figure that you are happy to put your property on the market for.
Why should you get a valuation done on your property?
Apart from needing to sell a property there are a number of other reasons why valuations should be conducted for your property. One of the biggest reasons is for insurance. It is a necessity to insure all of the assets you own, including your business. A valuation can provide you with an accurate estimate on what your property inclusive of its assets is worth. You can then apply for insurance to cover you for this amount were any overall damage to occur. There are a number of different aspects that you can request insurance for, including water and fire damage, break-ins and weather damage. It is best to do your research on which ones will cover you adequately and for a decent price before going ahead and signing on the dotted line for the insurance.
Taxes come around every year and the tax man wants to know that all of your affairs are in order. A valuation can assist you in providing them with the value of your property and its assets. They will want to know how much your business is growing (or not in some cases) on a yearly basis. Which is why it is a good idea to conduct a valuation as regularly as possible.
To avoid having to raise a rating valuation objection in the future you need to come to us at The Property Partnership. Visit our website www.property-partnership.co.za to find out more about our reliable services.