Episode 100 - Is a Valuation Important? What Types of Valuations Are There?

📄 Show Notes: In this episode, we’re diving into the world of property valuations—why they matter, what types there are, and how they can directly impact your home loan approval. Whether you're buying your first home, refinancing, or investing, understanding valuations is a key part of the process. Many people are surprised to learn that not all valuations are the same—and the type your bank uses can affect your borrowing power, LVR, and even whether you'll need to pay lenders mortgage insurance (LMI). 🎙️ What we cover in this episode:Why valuations are a crucial part of the loan processThe 4 main types of bank valuations:Full ValuationDesktop ValuationKerbside ValuationAutomated Valuation (AVM)Which type of valuation your lender might use and whyHow valuation results can impact your loan outcome📌 Don't miss the next episode, where I’ll share practical tips on how to help ensure you get the best valuation possible. 💬 Got questions or a topic you'd love me to cover? Drop a comment or get in touch! 🌐 Learn more at www.360mortgagesolutions.com.au 📢 Subscribe so you never miss a future episode packed with insights to help you navigate the home loan process with confidence.