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property valuations

canada4all

Full Member
Oct 21, 2010
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I purchased a plot a year ago of amount around $15,000/- canadian dolloars.
Do I need to provide property valuations along with property documents and purchase receipt?
I have contacted different valuation companies. First of all every one charges a good fee. Secondly they try to show somewhat lower as compared to real one. Thirdly this process will take some time and there will be variations in property valuation.

Will original property document, purchase receipt, purchase deed will be enough? or valuations are must
 

Mezo2009

Champion Member
Jan 17, 2011
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Hello,

My experience here is that VO requires an evaluation to ensure a real reflection of the value of the propert at time of applying AND immigrating. Though i've seen people submitting evaluations for properties only once for higher values, I.e values that are much higher than required as POF. in cases, where valuation is near the required POF, VONmight ask another valuation before visa stamping.

Cheers!
 

Kanamen

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Oct 20, 2010
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canada4all said:
can property valuation be done by property agents? or only by some renowned valuating companies?
By approved appraisal agents or companies
 

Mezo2009

Champion Member
Jan 17, 2011
1,355
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Toronto
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Oct 2011
Well. I'm not aware of such approved vaulting agents. I know people who used typical real estate companies, however these firms are either international or big real estate brokers and consultants.

Cheers
 

jnathan

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Feb 3, 2009
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Notray Public can do it in your area. Notary in your area knows how much the price of properties in your area.