If divorcees cannot agree on how to divide their assets fairly, an impartial matrimonial valuation is needed. To determine how your assets should be distributed according to the law, a judge will need to have a Valuation from an RICS registered valuer.

In order to determine the market value of your property, you will need to obtain a valuation report. A report may also indicate a reinstatement figure and highlight certain issues that need further investigation, such as legal issues, which will require further investigation. It is important to understand that a valuation is not a survey.

In the event that your home was destroyed beyond repair, the rebuild cost is the amount it would cost to rebuild it completely. This includes the cost of labour and building materials. The cost is usually lower than the sale price or market value of your home. Having your policy based on the rebuilding cost of your home will prevent you from over-insuring and paying higher premiums than absolutely necessary.

• In the event that you have recently purchased your home, the rebuild cost will be included as part of your mortgage valuation or deed.
• There should be a cost included in your rebuild estimate that includes any professional fees associated with the rebuilding process as well as the cost of clearing the site.

Asset valuation simply pertains to the process to determine the value of a specific property, including stocks, options, bonds, buildings, machinery, or land. This process is conducted usually when a company or asset is to be sold, insured, or taken over. The assets may be categorised into tangible and intangible assets.

The primary reason you would want to refinance your home is to save money on the monthly payments and on the original home purchase. Considering that your house is probably one of the biggest investments you will ever make, it is logical to conclude that finding a way to save money on this investment will have a significant impact on the amount you are spending every month.