Important information of the 2020 real estate valuation

There have been many cases of businesses being taken advantage of when engaging in business activities, for reasons of not knowing exactly the true value of their assets. So how do you know how much your assets cost? You need to carry out the real estate price appraisal immediately by contacting Indochina Investment & Appraisal Joint Stock Company (INA) for detailed support.

CONCEPT OF ESTATE PRICE APPRAISAL

Valuation of property is an estimate of the value of specific property rights in monetary form, for a purpose that is well defined under the conditions of a given market with methods fit.

Estate includes:

- Machinery, technology line.

- Factories, specialized equipment, supplies and goods.

- Means of transports.

 

WHAT IS THE PURPOSE OF ESTATE ASSESSMENT?

The estate is often involved in activities of buying, selling, transferring, leasing, mortgage ... However, the price of the estate also depends on many factors such as:

- Market imbalance: monopoly, speculation, unfair competition factors ...

- Intervention of State policies such as adjustment of tax policy, import quotas ...

This affects the value of the estate that needs to be assessed, so that it can be accurately and scientifically determined. So the purpose of real estate valuation is:

- Activities of trading, transferring, contributing capital to joint ventures.

- Establishing enterprises, equitizing enterprises.

- Support in dealing with debt and business dissolution.

- Implement compensation, insurance and complaints issues.

- Depreciation of fixed assets, revaluation of asset value.

- Helping businesses accounting, tax calculation.

- Support businesses in consulting and setting up investment projects.

- Assisting in the valuation of mortgages, credit guarantees.

ESTATE PRICE ASSESSMENT INCLUDES

+ Unused assets: A new type of procurement property, ensuring the technical standards of quality and design according to the original design of the manufacturer.

+ Used assets: A type of property no longer meets the technical standards for quality according to the original design of the manufacturer. Due to the preservation regime or the operation and trial operation, not at the request of organizations or individuals buying properties.

+ Unused assets: A type of property that can still be repaired, or converted for a new use purpose. Alternatively, separate parts may be provided for other active assets to assist.

ESTABLISHMENT METHODS OF ESTATE

Assets are tangible assets, so the valuation needs to go through many stages with meticulous steps. Currently, there are 5 property valuation methods being implemented, depending on different types of real estate such as:

- Direct comparison / comparison method

- Discount cost method

- Investment method (traditional investment method / discounted cash flow method)

- Surplus method (or hypothetical business analysis / development method)

- Profit method and other methods ...

WHAT DOES THE ASSESSMENT VALUES INCLUDE?

Depending on the type of real estate, there will be different evaluation standards and different types of documents to conduct the real estate price appraisal. So you need to prepare documents with the following basic papers:

+ For machinery and equipment

- List of assets

- Economic contracts of sale

- Liquidation records

- Minutes of handover and acceptance

- Purchase and sale invoices, detailed declaration

+ For vehicles

For vehicles:

- Vehicle registration certificates

- Motor vehicle insurance certificate

- Certificate of technical safety and environmental protection inspection of road motor vehicles.

For ships:

- Certificate of registration of inland watercraft

- Technical inspection record of inland waterway vessels

- Certificate of technical safety of inland waterway vessels

- International certificate of ship security (if any)

+ For imported properties

- Commercial contracts

- List of goods

- Customs declaration

- Certificate of origin, certificate of quality

- Purchase and sale invoices, detailed declaration

With appropriate valuation methods, real estate valuation helps businesses can accurately assess their assets. Supporting business activities at the present time is convenient and likely to bring more profits. Therefore, businesses can contact Indochina Investment and Appraisal Joint Stock Company (INA) for assistance in consulting and performing the appraisal.

Our company has an abundance of data sources and highly qualified staff. Ensuring to provide customers with information about the value of accurate properties, with high reliability for each evaluation purpose. Help customers make the right decisions in business and trading in the market.

For details of the records of appraisal as well as the cost of appraising equipment, as well as other types of real estate. You can contact us directly to be supported by our experienced staff.

Indochina International Investment & Appraisal Joint Stock Company (INA)

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