Hi, How long does bank valuer take to call up for valuation and payment? Eg how many days or weeks after sign letter of offer. Thanks
How long panel valuer call for arrangement
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 Jun 24 2020, 02:35 PM, updated 6y ago
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Probation
11 posts Joined: Jun 2020 
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Jun 24 2020, 02:46 PM
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#2
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Probation
11 posts Joined: Jun 2020
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QUOTE(mini orchard @ Jun 24 2020, 02:38 PM) Depends on workload but it should be within a week or you can always call them to schedule an appointment. Many thanks for reply. I have request Banker to give me their contact, to contact them myself, but Banker say they not allow to release valuer contact to me. It had since been 2 weeks after signing the letter of offer. Perhaps MCO might cause more delay.B4 they hand the report to you or bank, you have to settle the bill.  |
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Jun 24 2020, 04:38 PM
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#3
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11 posts Joined: Jun 2020
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QUOTE(mini orchard @ Jun 24 2020, 04:11 PM) Your banker talks rubbish. What so secretive of a phone number. Is business and not personal. Not even the office no ? I do feel weird when Banker avoided to provide the phone number, Banker say reason was they are contact with the valuer company boss, not sure which valuer is assign my case, so cannot give number. Yes I do realize I am paying the fees hence I have follow up with Banker each week. I will chase Banker again and push for it. thanks for the suggestion and advice.They have panels of few valuers and lawyets. You can choose who you want to engage as you are paying the bill. The reason the banker is not giving you the contact is he may be taking a cut from his favourite valuer. Others may not be giving him. Eventually the valuer still have to contact you and you will have his number. If he still being difficult, speak to the manager or someone higher. There are not many transactions now and business is slow. |
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Jun 25 2020, 10:35 AM
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#4
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11 posts Joined: Jun 2020
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QUOTE(Pac Lease @ Jun 24 2020, 03:59 PM) is depend on the bank when will they issue the letter of instruction to the valuer. Once the valuer receive the letter, they will arrange their staff to contact you for the appoitment to do site inspection. A week after I signed offer letter, Banker say instruction already issued |
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Jun 25 2020, 02:52 PM
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#5
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QUOTE(Pac Lease @ Jun 24 2020, 03:59 PM) is depend on the bank when will they issue the letter of instruction to the valuer. Once the valuer receive the letter, they will arrange their staff to contact you for the appoitment to do site inspection. Hi Pac Lease, saw ur reply in few thread at property, are you a valuer? |
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Jun 26 2020, 10:03 PM
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#6
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Probation
11 posts Joined: Jun 2020
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Upon mini Orchard suggestion, I call up valuer office yesterday, Banker did not give out contact but did let me know valuer company name after I ask. Based on valuer office staff checking, valuer received instruction 5 days ago, while Banker let me know instruction issued 10 days ago.
The office staff let me know name of valuer in charge for my case, that i should receive call from valuer next week about appointment for inspection. Hope things move faster and more smooth after this . Thanks for all sifus reply and suggestion. |
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Aug 6 2020, 05:03 PM
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#7
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QUOTE(StressedUp @ Aug 6 2020, 03:59 PM) mine contacted me within 2 weeks after i signed the loan acceptance letter. But to produce the valuation report the valuer told me need to have a stamped SPA though... thanks for sharing ...how long did the report took? |
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Aug 7 2020, 04:49 PM
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#8
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QUOTE(StressedUp @ Aug 7 2020, 01:24 PM) actually i'm going to sign my S&P next week... Maybe can update u again how long it takes for my valuer to come out with the report? Hahaha Sure..that will be great... Thanks |
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Aug 7 2020, 04:51 PM
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#9
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QUOTE(liyanakahar @ Aug 7 2020, 03:06 PM) are u seller or buyer? does buyer need to border about valuation? I am buyer, mine is subsale. If validation report lower than selling price, buyer have to top up more $$ |
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