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Get proper valuation of properties to avoid short-changing yourself

The Straits Times LogoThe Straits Times14h ago

Get proper valuation of properties to avoid short-changing yourself - The Straits Times

Quick Summary:

A man embroiled in divorce proceedings had to pay his wife about $15,000 more for her share of the flat.

Instead of paying for a valuation, one owner ended paying more to his ex-wife because he used previous sales data in his divorce.

He argued that the flat was worth $480,000 but his wife, who also looked at past transactions, came up with a figure of $560,000 – a valuation eventually accepted by the Family Court.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 05:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 191 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23609445

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 7 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 13 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

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The story "Get proper valuation of properties to avoid short-changing yourself" was covered 14 hours ago by The Straits Times, a news publisher based in Singapore.

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The outlet is headquartered in Singapore and publishes an average of 7 news stories per day.

It's most recent story was published 13 hours ago.

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