Real estate appraisal

Written by Posted On Wednesday, 03 October 2018 09:44

Valuations and real estate appraisals with mortgage guarantee


Know the value of a real estate property and have a perfectly argued report and made by an independent technical team that includes information on the value of the property, its characteristics, urban environment, registry information, cadastral, photographs and plan, is the objective of the Mortgage appraisals of Appraisalsonly.

 

The mortgage guarantee, the knowledge of market value, insurance, investment, tax and urban, etc. are some of the main objectives of real estate appraisals.

Aware of the importance with which the valuation of real estate assets participates in the economic-financial strategies of companies and individuals in USA, Canada, Appraisalsonly devotes significant resources to research, analysis and control so that the methodology and criteria applied in the valuation are adapted and meet the objectives.

 

Frequently asked questions about home appraisal

 

What is a real estate appraisal?


It is a report made with standardized methodology, according to the requested purpose, in order to obtain the value of a specific property or the right over it. It is carried out by an expert appraiser team and is finally supervised to control its quality by the validation department of Appraisalsonly.

What real estate are susceptible to appraisal?

 

This type of service focuses on the  appraisal of all types of real estate and rights , among which the following should be highlighted:

Households
Real estate promotions
Commercial premises
Industrial and factory buildings
Office buildings
Hotels, residences for the elderly and real estate linked to various activities
Buildings for tertiary, endowment or equipment use
Malls
Land and plots
Rural properties

 

For what purposes has the real estate appraisal been planned?

 

The  real estate appraisal  can be aimed at different purposes, among which we can highlight regulatory, non-normative purposes ( knowledge of value  in general) and administrative or related to the processes of the administration:

Mortgage guarantee of credits or loans
Coverage of the technical provisions of the insurance entities
Determination of the assets of real estate collective investment institutions
Determination of the real estate assets of pension funds


The non-normative purposes cover a broad spectrum, however, all with the common purpose of knowing the market value of a property. Among these types of purposes we can highlight:

Processes of partition of patrimony by inheritance or matrimonial separation, etc.
Financial statements. Adequacy of the value of assets
Advice on a purchase-sale
Advice in a patrimonial division
Business mergers and splits
Expiration of proindiviso
Auctions


Among the administrative assessments or related to the processes of the administration we can highlight:

Postponement of debt with the administration
Capital increases for non-monetary contributions
Checking fiscal values.
Expropriations
Expert and judicial assessments
Urban planning


How does Euroval carry out a real estate appraisal report?


The Appraisal only set procedures in conducting the appraisal reports, they are perfectly systematized so that all our technical and administrative team is coordinated in its realization.

The reports are made with standardized methodology, according to the purpose described and taking into account the nature of the asset to be valued. The steps that are given once the order is received are the following:

Once the documentation provided by the client has been obtained, the technical team will make the visit to the property and make the necessary checks to know the characteristics and real situation of the object of the work, contrasting the physical characteristics of the same with those contained in the documentation provided.


The use and protection, tenure, occupation and other physical, legal and urbanistic characteristics of the property are analyzed.
Depending on the type of real estate asset, and the consideration of this and purpose, Appraisalsonly technicians apply the most appropriate methodology to make this report.

 

Who has to do a real estate appraisal?


At all times the appraisal reports are made by experts in the field, in order to make a homogeneous and justified application of valuation standards adapted to the purpose of the report and the type of asset to be valued. Appraisalsonly has home appraisals teams of professionals who have extensive training, experience and knowledge (architects, engineers, economists, lawyers, etc.) who are supervised by their control and validation team, which ensures the final quality of the report.

How long would you have the report?


Appraisalsonly experts adapt to the client's needs and initially offer a deadline according to the scope of their work.

Why Appraisalsonly?



Appraisalsonly is governed at all times by the principles of rigor, independence, and objectivity. Rigor is ensured by the strict valuation rules to which we are subject, which establish the methodology and assessment criteria that best suit the purpose of the report. Independence is safeguarded by the composition of the shareholding, management body and experts of the company, which are not linked to any person, company or entity that may generate a conflict of interest with the assets to be evaluated or experienced. We are dedicated solely and exclusively to valuation, both in the USA and in other countries, acting according to what the regular establish in this respect and monitored by the supervisor system to which the company is subject, which guarantees its objectivity.


For all the above, we offer the preparation of this type of reports with methodology according to the nature of the asset and the purpose of the report, and where appropriate, according to the requirements of current regulations.

Rate this item
(0 votes)

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries