Appraisal and things you may not know

What is price appraisal? The purpose of the valuation? What assets can be appraised? ... These are questions that we receive a lot, because not everyone can understand this problem. Resulting in inaccurate valuation of assets compared to the present time. If you are interested in this, check out the article shared by our top experts below!

What is price appraisal?

Price appraisal concept

There are many valuation concepts spoken by different experts around the world, we can refer to some common concepts such as:

+ Oxford Dictionary: Valuation is an estimate of the monetary value of an object or an asset; is an estimate of the present value of assets in a business.

+ Professor W. Seabrooke - Portsmouth University Institute, UK: Valuation is an estimate of the value of specific property rights in monetary form for a defined purpose.

+ Gs. Lim Lan Yuan - Singapore: Valuation is an art or science of estimating value for a specific purpose of a particular asset at a time, taking into account all the characteristics of the property. as well as considering all the basic economic factors of the market including the selected investment types.

+ In Vietnam, Pursuant to Article 4. The Law on Price concept: Valuation means that agencies and organizations with price appraisal function to determine the monetary value of assets according to the provisions of the Civil Code. conformity with market prices at a given place and time, for a certain purpose according to valuation standards.

Purpose of price appraisal

As of right now, valuation has become quite familiar, so many businesses look to valuation units to be able to value their assets. So what is the purpose of price appraisal?

- As a basis for considering and approving the State budget capital expenditure.

- Auction of property, bid for projects, mortgage bank loans.

- Perform accounting and tax accounting of businesses.

- Consulting and setting up investment projects, approving cost estimates of projects and works.

- Proof of assets when studying abroad, traveling, foreign investment ...

- Equitizing Enterprises or transforming the form of enterprise ownership.

- Compensation, insurance, complaints, settlement and handling of disputed properties in cases.

- As a basis for calculating land use fees to pay to the State budget when receiving or assigning land.

- Purchase, sale and transfer; purchase and sale of debt settlement, mortgage assets and outstanding assets.

- Establishment of Enterprises; capital contribution to joint venture, dissolution, merger, division, purchase and sale of enterprises.

The price appraisal service

The valuation industry is now bustling and implemented by many units, helping businesses to choose the address they trust the most. Most of these units perform price appraisal services to serve a wide range of customers such as:

- Real estate valuation

- Valuation of real estate

- Appraisal of investment projects

- Valuation of resources

- Valuation of intangible assets

- Appraising business value

Steps to perform price appraisal

Step 1: General identification of assets subject to price appraisal and market or non-market valuation as a basis for price appraisal.

Step 2: Planning valuation.

Step 3: Conduct field surveys, gather information.

Step 4: Analyze the information after the actual survey.

Step 5: Determining the value of assets subject to price appraisal.

Step 6: Quality control.

Step 7: Making a report on valuation results, certificate of price appraisal and sending to customers and related parties.

Looking for reputable price appraisal unit in Ho Chi Minh City

With any asset, businesses or individuals also need to know the exact value, in order to capture the exact value of their assets or assets of interest. This makes it easy for customers to value when they want to buy, sell, transfer, invest in profitable ... with any property, any unit that they want to cooperate.

Currently, there are many valuation companies appearing on the market, but the important thing that businesses need now is to find a reputable valuation unit to cooperate. Indochina International Investment & Appraisal Joint Stock Company (INA) is one of the units that customers should find out and contact for support today.

With a team of professional staff, many years of experience and customer service with all their enthusiasm. We are proud to be the best provider of fast and accurate valuation services throughout the country, trusted by many customers and chosen to cooperate.

For support on property valuation, property valuation, real estate valuation, real estate valuation, corporate valuation, etc., please contact our experts right away. advice by:

Indochina International Investment & Appraisal Joint Stock Company (INA)

• Address: 121 Nguyen Van Troi, Ward 12, Phu Nhuan District, Ho Chi Minh City
• System of branches and transaction offices nationwide
• Hotline: 0934 252 707 / Email: info@inavn.vn