Real Estate Appraisal For Property Transfer

Real estate (including land and houses attached to the land) is a type of high-value property, in fact the real estate value is affected by many factors such as real estate direction, geographical location. , the time of market demand, economic fluctuations affecting supply and demand of investment but certainly need valuation to determine the value of real estate.

Conducting property evaluation.

Real estate valuation means interpreting or re-evaluating the value of real estate in accordance with the market at a certain place and time according to Vietnamese standards or international practices. Real estate valuation methods mainly include comparative method, cost method, discount method ...

For real estate in big cities like Hanoi and Ho Chi Minh City, the real estate market is very bustling, people can ask real estate brokers to price their real estate households. , they often apply the comparative method (a common method in real estate valuation), the results of this appraisal are usually relatively accurate and not legal. Valuation in provinces and towns is more difficult when real estate properties are not sold here.

3 Approach to real estate valuation 2020:

Approach to selling price: based on the value of the replacement property or adjacent properties to calculate the maximum price that the owner will pay for real estate.

The cost approach: based on the ability to create a special value or cost of real estate to calculate the true value of the property without paying more than that except due to time or disapproval benefits and other risks

The approach to income: is based on the process of capitalizing income or applying a non-market rate and only for that investor. This is very beneficial for the sale, purchase and transfer of real estate between businesses, companies with strong trade relations with each other.

Purpose of valuation and cost appraisal.

Sometimes, the purpose of real estate valuation of customers is to borrow money, mortgage, contribute capital, buy and sell, and then the valuation certificate will have legal value to help customers refer and give real estate value at the time of appraisal.

In the market, there are many companies offering Real Estate Appraisal Services with a team of good appraisers, trained with the same major at major universities in Vietnam and abroad. Plus the current price appraisal fee of the valuation company certainly does not account for 1% of the value of the property to be assessed by the customer.

Having gathered a lot of useful information, now is the time to review and compare all the information and set a reasonable price for your home.

But Indochina encourages you to go to appraisal companies for advice as well as accurate valuation of your assets to avoid risks or assets not at the current market price.

For advice please contact:

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